A immediately need huge amount of money for the treatment of his son suffering from cancer. He agrees to sell his house worth one crore for Rs. fifty lac to B. Is the contract enforceable?
A. The contract is enforceable
B. No it is not as the consent of A is obtained by undue influence
C. No it is not as the consent of A is obtained by coercion of circumstances
D. No it is not as the consent of A is obtained fraudulently
Select an option to see the answer and solution.
In case of specific performance of part of contract the purchaser
A. May not relinquish claim to further performance of the remaining part of the contract and has no right to compensation
B. May relinquish claim to further performance of the remaining part of contract and has right to compensation
C. Specific performance of part of contract not possible
D. All the above
E. None of the above
Select an option to see the answer and solution.
Due to mistake as to the foreign law, the contract becomes:-
A. Valid
B. Voidable
C. Void
D. Illegal
Select an option to see the answer and solution.
A person whom the agent names to act for the principal in the business of agency, under the express or implied authority to name, is called
A. Sub-agent
B. Substituted agent
C. Agent
D. Procured agent
Select an option to see the answer and solution.
In which one of the following cases doctrine of frustration was laid down?
A. BOI Finance Ltd. v. Custodian
B. Orissa Textile Mills Ltd. v. Canesh Das
C. Sachidananda Patnaik v. C.P. & Co.
D. Taylor v. Caldwell
Select an option to see the answer and solution.
A patient in a lunatic asylum who is at intervals of sound mind:
A. May not contract
B. May contract during intervals
C. May contract on Medical certificate
D. May contract after complete sound mind
Select an option to see the answer and solution.
The rule enunciated under section 65 of the Indian Contract Act, 1872 is applicable when a contract is void by-
A. Mistake
B. Failure of consideration
C. Impossibility of performing the contract
D. Under all the above circumstances
Select an option to see the answer and solution.
Effect of frustration of contract is that:
A. Promisor is excused from performance
B. Contract dissolved automatically
C. Contract becomes voidable at the option of promisor
D. Both A and B
Select an option to see the answer and solution.
A minor is
A. Not liable either personally or through his estate
B. Capable of ratifying agreements
C. Liable for necessaries supplied out of property
D. None of the above
Select an option to see the answer and solution.
The case of Moses v. MacFerlan deals with which of the following?
A. Quasi-contract
B. Contingent contract
C. Doctrine of frustration
D. Contract of indemnity
Select an option to see the answer and solution.
A master asks his servant to sell his bike to him at a price less than the market price. This contract can be avoided by the servant on the ground of:
A. Coercion
B. Fraud
C. Mistake
D. Undue influence
Select an option to see the answer and solution.
X, a trader, leaves goods at Y's house by mistake. If Y uses the goods, then which one of the following is correct when X demands the price of goods and Y refuses to pay?
A. Y is not bound to pay as he becomes the owner of the goods left at his home
B. Y is bound to pay as X did not intend to supply goods gratuitously and Y enjoyed the benefits of X's act
C. Y is not bound to pay as he did not ask for the goods
D. X must suffer for his mistake and he cannot recover the price of goods from Y
Select an option to see the answer and solution.
A contingent agreement based on an impossible event under section 36
A. Is void
B. Is void till the impossibility is known
C. Becomes void on the knowledge of impossibility
D. All the above
Select an option to see the answer and solution.
Under the Indian Contract Act consideration
A. May proceed from the promisee
B. May proceed from any other person
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
Which of the following is not correctly matched?
A. Coercion - Chikkam Amiraju v. Chikkam Seshamma
B. Liquidated damages - Dunlop Pneumatic Tyre Co. v. New Garage & Motor Co.
C. Impossibility of performance - Alapi Parshad & Sons v. Union of India
D. Public Policy - Hadley v. Baxendale
Select an option to see the answer and solution.
In which case it has been laid down that a promise to pay subscription is binding on the promisor if promisee has undertaken some liability on the faith of the promisee:
A. Lalman Shukla v. Gauri Dutt
B. Kedar Nath v. Gorie Mohd.
C. Bhagwandas v. Girdhari Lal
D. Banwari Lal v. Sukhdarshan Dayal
Select an option to see the answer and solution.
X' hires a carriage of 'Y'. The carriage is unsafe, though 'Y' is not aware of it and 'X' is injured. For the injury to 'X', 'Y' is-
A. Liable
B. Not liable
C. Liable to the extent of 50%
D. None of these
Select an option to see the answer and solution.
In law of contract Bailor in pledge is called
A. Pawnor
B. Pawnee
C. Agent
D. Bailee
Select an option to see the answer and solution.
Which of the following is correct? A valid consideration
A. Must be adequate
B. May not be adequate
C. May be illusory
D. Must lead to satisfaction
Select an option to see the answer and solution.
In which of the following cases a proposal can be revoked when it is made by post?
A. Before the promisee posts his letter of acceptance
B. Till the letter of acceptance reaches the promisor
C. Till the promise receives the acknowledgement that he letter of acceptance has been delivered to the promisor
D. Proposal once made cannot be revoked
Select an option to see the answer and solution.
