Which one of the following is correct as per Section 31 of the Indian Contract Act 1872?
A contingent contract is a
A. Contract to do something only if some event, collateral to such contract, does not happen
B. Contract to do or not to do something, if some event, collateral to such contract happens
C. Contract to do or not to do something, if some event, collateral to such contract, does not happen
D. Contract not to do something, if some event, collateral to such contract happens
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In agreements of purely domestic nature, the intention of the parties to create legal relationship is
A. To be proved to the satisfaction of the Court
B. Presumed to exist
C. Required to the extent of consideration
D. Not relevant at all
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'Baliee' is a person:
A. To whom the goods are delivered
B. Who delivers the goods
C. Who fails to deliver the goods
D. None of the above
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A person who gives the guarantee is called
A. Bailee
B. Creditor
C. Debtor
D. Surety
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'A contract on telephone becomes complete at the place where acceptance is heard'. In which of the following cases it has been held?
A. Bhagwandas v. Girdharilal
B. Banwari Lal v. Sukhdarshan Dayal
C. Mohribibi v. Dharmodas Ghosh
D. Satyabratta Ghosh v. Mugneeram
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"The liability of the surety is coextensive with that of the principal debtor". It has been provided under
A. Section 126
B. Section 127
C. Section 128
D. Section 130
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According to Section 2(g) of the Indian Contract Act, 1872, an agreement not enforceable by law is said to be
A. Contract Impossible to Perform
B. Illegal Contract
C. Unlawful Contract
D. Void
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What is/are case(s) in which specific performance of contract is enforceable
A. When there exists no standard to ascertain the actual damage caused by non-performance
B. When the act agreed to be done is such that compensation in money, for its non-performance would not afford adequate relief
C. When prima facie case is in favour of plaintiff
D. Both A and B
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Anu enters into a contract with Manu to pay him Rs. 1,000 if India wins the world cup. It is a:-
A. Contingent Contract
B. Wagering Agreement
C. Social Contract
D. Voidable Contract
Select an option to see the answer and solution.
Which of the agreement is valid?
A. Agreement to initiate legal proceeding regarding a certain dispute
B. Agreement in restraint of marriage
C. Agreement in restraint of trade
D. Agreement by way of wager
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The term consensus ad idem means
A. General consensus
B. Reaching an agreement
C. Meeting of minds upon the same thing in the same sense
D. All the above
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Where the order in which reciprocal promises are to be performed is expressly fixed by the contract, they shall be performed in that order; and where the order is not expressly fixed it shall be performed:
A. In that order which the nature of transaction require
B. In the order as one of the parties prefer
C. As desired by the proposal
D. None of the above
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The difference between an offer and invitation to receive offer is that:
A. An offer is definite and without ambiguity and an invitation to receive offer is a mere statement, with scope of further negotiations
B. An offer is a statement and an invitation to receive offer is a printed offer to invite acceptance
C. An offer when accepted becomes a contract whereas an invitation to receive offer can only lead to making of an offer
D. Both A and C
Select an option to see the answer and solution.
"A" owes "B" Rs. 3,000, "C" pays to "B" Rs. 2,000 and "B" accepts it in satisfaction of his claim against "A". This payment
A. Is not a discharge of the whole claim
B. Is a discharge of the entire claim
C. Can be a discharge only when the balance is paid
D. Will be a discharge only if the amount is paid by "A"
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Which one of the following contract is void?
A. A' and 'B' contract to marry each other, Before the time fixed for the marriage, 'A' goes mad
B. 'A' and 'B' contract to marry each other at the early date, 'A' insists on marriage immediately after expiry of one month from the date of the contract
C. 'A' and 'B' contract to marry each other, but 'A' can fix the date of marriage only after his return from England where he had gone for business
D. 'A' and 'B' contract to marry each other, Before the time fixed for the marriage, 'A' fails fill and his physician advises 'A' to take rest in bed for one month
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In which of the following judgments it was told that: "the principle of unjust enrichment cannot be extended to give a right to the State to recover or realize vend fee after the concerned statute for realisation or recovery of vend fee has been struck down"
A. Somaiya Organics (India) Ltd. v. State of Uttar Pradesh, AIR 2001 SC 1725
B. V. R. Subramanyam v. B. Thayapa, (1961) 3 SCR 663
C. Jugapatiraja v. Sadnusannama, AIR 1916 Mad 980
D. None of the above
Select an option to see the answer and solution.
The following agreement is 'lawful':
A. An agreement to kill 'Z' between' A' and 'B'
B. An agreement between 'X', the husband and 'Y', the wife that 'X' shall marry five times
C. An agreement for sale of future goods
D. An agreement to divide proceeds of crime equally
Select an option to see the answer and solution.
An auction turns into a binding contract:
A. Upon fall of the hammer
B. Upon quotation of the highest bid
C. Upon actual signing of contract
D. Upon mentioning of reserve price
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In which one of the following, consideration is not required?
A. Contract of insurance
B. Contract of bailment
C. Contract of guarantee
D. Contract of service
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Some part of the law of torts have been codified by statutes relating to particular branches of the law and one of the statutes is
A. Arbitration and Conciliation Act, 1996
B. Indian Contract Act, 1872
C. Industrial Disputes Act, 1947
D. Specific Relief Act, 1963
Select an option to see the answer and solution.