Arrange the following concepts in sequence in which they occur, using the given below:
(1) Offer is communicated
(2) Counter-offer is made
(3) Offer is rejected
(4) Counter-offer is accepted
A. (1), (2), (3), (4)
B. (1), (3), (2), (4)
C. (1), (4), (2), (3)
D. (2), (1), (3), (4)
Select an option to see the answer and solution.
Match
List I with
List II
List I
Lis II
a. Carlill v. Carbolic Smoke Ball Co.
1. Offers at large
b. Fisher v. Bell Tinn
2. Invitation to treat
c. Tinn v. Hoffman
3. Question of price
d. Harvey v. Facey
4. Cross offers
A. a-1, b-2, c-4, d-3
B. a-1, b-2, c-3, d-4
C. a-2, b-1, c-4, d-3
D. a-4, b-3, c-2, d-1
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Which one of the following elements is not necessary for a contract?
A. Competent parties
B. Reasonable terms and conditions
C. Free consent
D. Lawful consideration
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In determining the amount of any compensation awarded under section 21 of the Specific Relief Act, the court shall be guided by the principles specified in section . . . . . . . . of the Indian Contract Act, 1872
Select an option to see the answer and solution.
What is the terminology used to describe a situation when two parties make identical offers to each other in ignorance of each other's offer?
A. Offer
B. Cross offer
C. Counter offer
D. Conditional offer
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A agrees to pay Rs. 1,000 to B without consideration. This agreement is
A. Voidable
B. Void
C. Not enforceable
D. Not enforceable as it was unwritten
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All agreements are contract if . . . . . . . .
A. They are made by the free consent of parties competent to contract
B. For a lawful consideration and with a lawful object
C. Not expressly declared to be void
D. All of the above
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Consider the following statements:
1. Moses v. Macferlan is a prominent example of theory of unjust enrichment as propounded by Lord Mansfield.
2. According to this theory, the demands of justice and equity is to prevent the unjust enrichment of one person at the cost of another.
3. Sinclair v. Brougham has propounded the theory of "Implied-in-fact" contract to elaborate the nature of Quasi Contracts.
Choose the correct option from below:
A. 1, 2 and 3 are correct
B. Only 1 and 3 are incorrect
C. Only 1 and 2 are correct
D. Only 2 and 3 are correct
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A agrees to pay B a sum of Rs. 5,000 if two straight lines should enclose a space. The agreement is
A. Void
B. Voidable
C. Valid
D. Unethical
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Surety on payment or performance of his liability, against the principal debtor
A. Has right of subrogation
B. Has right like creditor had against principal debtor
C. Both A and B
D. Either A or B
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Discharge of contract can happen with
A. Frustration
B. Performance of contract
C. Impossibility
D. All of the above
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Incidents of a contract are governed by the law of the State
A. Where the proposal was made
B. Where the proposal was communicated
C. Where the acceptance was made
D. Where the contract is made
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Every promise or set of promises forming the consideration for each other under section 2(e) is called
A. Reciprocal promise
B. Contract
C. Agreement
D. None of the above
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Under section 62, the original contract need not be performed if there is
A. Novation of contract
B. Rescission of contract
C. Alteration of contract
D. All the above
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Indian Contract Act:- Which contract is specifically enforceable?
A. Contract by 'B' to deliver a lecture of law at Jabalpur University
B. Contract of Marriage
C. Contract by 'B' with 'A' to supply goods as of when 'A' requires
D. None of these
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Contract without consideration made in writing & registered and made on account of natural love and affection is
A. Void
B. Voidable
C. Valid
D. Unenforceable
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Under section 2(b) if the person to whom the proposal is made signifies his assent the proposal is said to have been
A. Accepted
B. Agreed
C. Pprovisionally agreed
D. Tentatively accepted
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In case of non-fulfilment of the contractual obligations, only the parties to the contract can sue each other. This statement may be called as
A. Privity of Consideration
B. Privity of Contract
C. Both A and B
D. None of the above
Select an option to see the answer and solution.
"A" gives authority to "B" to sell 'A's land and to pay himself out of the proceeds. The debts due to him from A. In the absence of an express contract-
A. "A" can revoke this authority
B. Authority cab be terminated by the insanity of "A"
C. Authority can be terminated by the death of "A"
D. "A" cannot revoke this authority nor can it be terminated by his death or insanity
Select an option to see the answer and solution.
A sells and delivers goods to B, C afterwards without consideration, agrees to pay for them in default of B:
A. The agreement is valid
B. Agreement is void
C. Agreement is voidable
D. C has no right to agree
Select an option to see the answer and solution.