Every agreement, of which the object or consideration is unlawful, is
A. Void
B. Voidable
C. Illegal
D. Unfair
Select an option to see the answer and solution.
Agreement to do an impossible act is:
A. Voidable at the option of the promisor
B. Void
C. Valid
D. Voidable at the option of the promise
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Which of the following are the duties of a bailee?
1. Duty to take reasonable care of goods
2. Duty not to make unauthorised use of goods
3. Duty not to mix his own goods with the goods bailed
4. Duty to compensate when goods is damaged despite of the care of the bailee
A. 2, 3 and 4
B. 1, 2 and 3
C. 3 and 4
D. 1 and 2
Select an option to see the answer and solution.
Two or more persons can be employed to act as agents
A. Jointly
B. Severally
C. Jointly & severally
D. Either A or B or C
Select an option to see the answer and solution.
Coercion which vitiates free consent under section 15 is
A. Committing or threatening to commit any act which is forbidden by law
B. Committing or threatening to commit any act which is forbidden by Indian Penal Code
C. Unlawful detaining or threatening to detain any property with an intention to causing any person to enter into an agreement
D. All the above
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Which one of the following statement is correct?
A voidable contract is an agreement which is:
A. Enforceable with the permission of the court
B. Enforceable by the parties thereto
C. Enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others
D. Not enforceable by any of the parties thereto
Select an option to see the answer and solution.
Consider the following statements:
(1) In case of breach of contract generally damages are awarded.
(2) In case of breach of contract, remedy of specific performance of contract is always given.
(3) In case of breach of contract, fine is also imposed along with the award of damages.
(4) In exceptional cases where damages are not adequate compensation, remedy of specific performance can be given.
Which of the statements given above are correct?
A. (1) and (3)
B. (3) and (4)
C. (1) and (4)
D. (2) and (4)
Select an option to see the answer and solution.
A, a ship-owner, contracts with B to convey him from Calcutta to Sydney in A's ship, sailing on the first of January, and B pays to A, by way deposit, one-half of his passage money. The ship does not sail on the first of January and B, after being, in consequence, detained in Calcutta for some time, and thereby put to some expense, proceeds to Sydney in another vessel, and, in consequence, arriving too late in Sydney, loses a sum of money.
A. A is liable to repay to B his deposit, with interest and the expense to which he is put by his detention in Calcutta, and the excess, if any, of the passagemoney paid for the second ship over that agreed upon the first
B. A is liable to repay to B his deposit, with interest and the expense to which he is put by his detention in Calcutta, and the excess, if any, of the sum of money which B lost by arriving in Sydney too late
C. A is liable to repay to B his deposit, with interest and the excess, if any, of the passage-money paid for the second ship over that agreed upon the first, but not the sum of money which B lost by arriving in Sydney too late
D. None of these
Select an option to see the answer and solution.
An agreement in restraint of marriage is:
A. Voidable at the option of the promisor
B. Voidable at the option of the promisee
C. Expressly void
D. A valid contract
Select an option to see the answer and solution.
In contract for sale of immovable property the presumption is that the time is
A. The essence of the contract
B. Not the essence of the contract
C. The essence of the contract but failure does not make the contract voidable
D. Not the essence of the contract but makes the contract voidable at the instance of the other party
Select an option to see the answer and solution.
A contingent contract to do or not to do anything on the happening of an uncertain future event under section 32
A. Is never enforceable
B. Becomes enforceable only on the happening of that event
C. Enforceable since the time of making it
D. Becomes enforceable in the immediate possibility of happening of that event
Select an option to see the answer and solution.
When the consent to an agreement is caused by misrepresentation or by silence, fraudulent within the meaning of Section 17 and the party whose consent was so caused had the means of discovering the truth with ordinary diligence, then
A. Such a contract is unenforceable being voidable
B. Such a contract is unenforceable being void
C. Such a contract is valid and enforceable
D. None of these
Select an option to see the answer and solution.
In which one of the following conditions, can an agent sub-delegate his authority to another person?
A. When it benefits the Principal
B. When it suits the agent
C. When the agent is incapacitated due to illness
D. When commercial practice involves such delegation
Select an option to see the answer and solution.
A local development authority announced a housing scheme and accepted applications under it, subsequently finding that the scheme was in violation of the Master Plan cancelled it.
A. It is free to do so without any shackles of promissory estoppel
B. Itis not free to do so due to promissory estoppel
C. It is free to do so without any shackles of promissory estoppel as there cannot be any estoppel against the Government in the exercise of its sovereign, legislative and executive functions
D. None of the above
Select an option to see the answer and solution.
In which of the following cases a contract may be specifically performed?
A. When the act agreed to be done is in the performance wholly or partly of a trust
B. Where a party to the contract has obtained substituted performance of the contract
C. A contract the performance of which involves performance of a continuous duty which cannot be supervised
D. A contract dependent on personal qualifications of the parties
Select an option to see the answer and solution.
"Contract of indemnity" is defined in which section of Indian Contract Act
A. Section 124
B. Section 125
C. Section 126
D. Section 127
Select an option to see the answer and solution.
A who is a minor takes loan from B. On attaining majority. A executes a bond in favour of B for the loan taken during the minority. Is A liable?
A. A is liable as he executed the bond on attaining majority
B. A is liable on the basis of doctrine of estoppels
C. A is liable as he has ratified the agreement
D. A is not liable as he cannot ratify the agreement on attaining majority
Select an option to see the answer and solution.
In case of acceptance by post, at what point the acceptance is complete as against the proposer?
A. When the letter of acceptance is put in the course of transmission so as to be out of power of the acceptor
B. When the letter of acceptance has been written
C. When the letter of acceptance has been received
D. When the letter of acceptance has been read by the proposer
Select an option to see the answer and solution.
A' a tradesman, leaves goods at B's house by mistake. 'B' treats the goods as his own. Which one of the following remedies is available to 'A'?
A. A' is to forgo his claim over goods
B. B' is bound to pay to 'A' for goods
C. B' is entitled to hire charges for the house
D. 'A' is entitled to punitive damages
Select an option to see the answer and solution.
X owes Rs. 10,000 to Y under a contract. It is agreed between X, Y & Z that Y shall henceforth accept Z as his debtor instead of X for the same amount. Old debt of X is discharged and a new debt from Z to Y is contracted. This is:
A. Alteration of contract
B. Rescission of contract
C. Novation of contract
D. Change in contract
Select an option to see the answer and solution.