Which of the following is/are exceptions to the doctrine of privity of contract?
A. Beneficiaries
B. Marriage settlement, partition or other family arrangements
C. Covenants running with land
D. All of these
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A, the captain of B's ship, signs of bill of lading without having received on board the goods mentioned therein. As between B and pretended consignor is concerned the bill of lading are
A. Void
B. Voidable
C. Enforceable
D. None of these
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In which case of the following, an agreement without consideration may be a contract?
A. If the agreement is in writing
B. If the agreement is in writing and registered
C. If the agreement is in writing and made out of the natural love and affection
D. If the agreement is made out of natural love and affection and is registered
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An agreement by a debtor not to raise the plea of limitation is:
A. Valid and binding
B. Void
C. Illegal
D. Voidable at the option of the creditor
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In order to render a contract void on the ground of mistake, the mistake may be:-
A. Of law
B. Of mixed fact and law
C. Of fact and not a law
D. None of the above
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Del oredere agent is a kind of:
A. Substituted Agent
B. Mercantile Agent
C. Universal Agent
D. Agent by necessity
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A contract may be vitiated by
(1) fraud
(2) mistake
(3) frustration
(4) undue-influence
A. Only (1) is correct
B. Only (1) & (2) are correct
C. Only (1), (2), (3) are correct
D. All are correct
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In the case of an alternative promise, one branch of which is legal and the other illegal-
A. Such a promise can be enforced
B. Any of its branch cannot be enforced
C. The legal branch alone can be enforced
D. With the permission of the court, both the branches can be enforced
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A agrees to sell to B a certain quantity of gunny bags deliverable on a future day. Before the due date, B assigns his beneficial interest in the contract to C. A commits a breach of contract. Which of the following is correct?
A. C is entitled to sue A for damages for not delivering the gunny bags
B. C is not entitled to sue for damages as it will amount to transfer of mere right to sue by B
C. C is not entitled to sue A for damages as there is no privity of contract between A and C
D. C is entitled to sue only to get his money back from B
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Consider the following statements regarding fraud and misrepresentation:
1. Both render the contract voidable.
2. Misrepresentation is a cause of action in tort for damages.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
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Lending money to a borrower at high rate of interest, when money market is tight, renders the agreement of loan
A. Valid
B. Void
C. Voidable
D. Illegal
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Section 73 of the Act is based on which of the judicial pronouncement?
A. Carlill v. Carbolic Smoke Ball Co.
B. Hadley v. Baxendale
C. Taylor v. Portington
D. Simpson v. London and North Western Railway
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Which of the following is correct? A contract
A. May be oral
B. Must be in writing
C. Must be made in the presence of witnesses
D. Must be written on a stamp paper
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A notice in the newspapers inviting tenders is:
A. A proposal
B. A promise
C. An invitation to proposal
D. An invitation for negotiation
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In Seksaria Cotton Mills Ltd. v. State of Bombay, the Supreme Court described the role of
A. Auctioneer
B. Del Credere Agent
C. Factors
D. Broker
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A and B contract to marry each other. Before the time for the marriage, A goes and mad. The contract becomes
A. Void
B. Illegal
C. Valid
D. Voidable
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A promises to deliver his watch to B and, in return, B promises to pay a sum of Rs 2,000. This is a/an
A. Agreement
B. Proposal
C. Acceptance
D. Offer
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Which statement is not true?
A. A proposal is revoked by the communication of notice of revocation by the proposer to the other party
B. A proposal is revoked by the lapse of time prescribed in such proposal for its acceptance
C. A proposal is revoked by the lapse of reasonable time, if no time is prescribed
D. A proposal is revoked by not meeting at the time prescribed
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In which of the following circumstances a surety stands discharged?
A. By release or discharge of the principal debtor
B. By variance in the terms of contract
C. A and B both
D. None of these
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A, a signer, contracts with B, the manager of a theatre for two nights in every week during the next two months, and B engages to pay her a hundred rupees for each night's performance. On the sixth night, A willfully absents herself from the theatre, and B, in consequence rescinds the contract.
A. B must pay A for the three nights on which she had sung
B. B must pay A for the four nights on which she had sung
C. B must pay A for the five nights on which she had sung
D. None of these
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