Breach of contract may be
A. Actual only
B. Anticipatory only
C. Actual or anticipatory
D. None of above
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A contract to sing for B at a concert for 1,000 rupees, which are paid in advance. A is too ill to sing.
A. A is not bound to make compensation to B for the loss of the profits which B would have made if A had been able to sing
B. A is not bound to make compensation or refund to B
C. A must refund to B the 1,000 rupees paid in advance
D. Both (A) and (C)
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A person is deemed to be in a position to dominate the will of another
A. Where he holds an apparent authority over the other
B. Where he holds a real authority over the other
C. Where he makes a contract with a person whose mental capacity is temporarily or permanently affected by reason of age, illness or mental or bodily distress
D. All of the above
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A pawnee, in the event of default in payment of debt by the pawner, has a right
A. To retain the goods pledged as collateral security
B. To sue the pawner
C. To sell the goods pledged
D. All the above
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A' promises to provide maintenance allowance to her maternal uncle in consideration of certain properties gifted to her by her mother. 'A' refuses to pay maintenance amount and maternal uncle institutes suit against 'A' to enforce the promise. Which one of the following is the correct statement? Maternal uncle:
A. Will not succeed as he being a stranger to consideration can not sue upon the contract
B. Will succeed because according to the Indian Contract Act consideration may be given by the promisee or any other person
C. Will succeed because he is near relative and in such cases consideration is not necessary
D. Will succeed because consideration given by a near relation may be treated as consideration given by the promisee
Select an option to see the answer and solution.
A contract between a financier and a purchaser of vehicle involving advance of money by the financier for purchase of a vehicle is governed by which principle under the Indian Contract Act, 1872
A. Bailment
B. Hire-Purchase
C. Agency
D. Indemnity
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Which one of the following statements is correct?
When a contract is caused by fraud, the contract is
A. Void ab initio
B. Voidable from inception
C. Voidable by subsequent events
D. Valid
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Which of the following statement is correct?
A. A person who wrongfully rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract
B. A person who rightfully rescinds a contract is not entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract
C. A person who rightfully rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract
D. A person who rightfully rescinds a contract is entitled to compensation for any damage which he has not sustained through the non fulfilment of the contract
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In India, the express provisions of the Contract Act applies to
A. Hindus
B. Mohammedan
C. Business man
D. All of the above
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Assertion (A): Collateral transactions to wagering are void.
Reason (R): Only wagering agreements are declared void under section 30 of the Indian Contract Act.
A. (A) is true, but (R) is false
B. (A) is false, but (R) is true
C. Both (A) and (R) are true, but (R) is not correct explanation of (A)
D. Both (A) and (R) are true, and (R) is correct explanation of (A)
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Exceptions to the doctrine of 'privity of contract' do not include . . . . . . . .
A. Beneficiaries under a charge
B. Equitable mortgage
C. Estoppel
D. Marriage settlement
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A contract which is vitiated by undue influenceis declared as which one of the following by the Indian Contact Act?
A. Invalid
B. Void
C. lllega
D. Voidable
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In which one among the following cases, a surety is not discharged?
A. Variance in contract of guarantee without the surety's consent
B. Contract between the creditor and the principal debtor releasing the principal debtor
C. Contract between the creditor and a third person to give time to the principal debtor
D. Contract between the creditor and principal debtor by which the creditor agrees not to sue the principal debtor
Select an option to see the answer and solution.
A for natural love and affection promises to give his son B Rs. 1,00,000. A puts his promise to 'B' in to writing and register it. This is a . . . . . . . . ?
A. Contract
B. Promise only
C. Proposal
D. None of the above
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A clause in a loan agreement permitting the financier to seize the financed vehicle in the event of default in payment would amount to
A. Void agreement due to unequal bargaining power
B. Unlawful agreement due to coercion
C. Voidable agreement due to fraud
D. Void agreement due to mistake
Select an option to see the answer and solution.
If a proposal has been accepted subject to certain conditions, then:
A. The Contract is valid and conditions are binding
B. The contract is voidable
C. The contract is valid but conditions are not binding
D. The contract is not constituted at all
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Who among the following has no right to enforce a contract?
A. Stranger to contract
B. Parties to contract
C. Strangers to consideration
D. The provider of consideration
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A "consideration" may be:-
A. Only in the future
B. Only in the present
C. Only in the past
D. In past, present or future
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An agreement made without free consent is-
A. Always void
B. Voidable
C. Unlawful
D. Either void or voidable
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A' promises to maintain 'B's child. 'B' promises to pay 'A' Rs. 1,000 yearly for the purpose. The consideration is:
A. Lawful
B. Unlawful
C. No consideration
D. None of these
Select an option to see the answer and solution.