Hadley v. Baxendale, (1854) 9 Exch 34 deals with:
A. Remoteness of damages
B. Breach of an implied term
C. Payment of penalty stipulated in the contract
D. Anticipatory breach of contract
Select an option to see the answer and solution.
"Coercion" under Indian Law is also known as
A. Duress
B. Voidable agreement
C. Void Agreement
D. Both A and B
Select an option to see the answer and solution.
Which of the following is an exception to the rule or doctrine of privity of contract that a stranger to a contract cannot sue?
A. Family settlement
B. Mortgage
C. Agency
D. Both A and C
Select an option to see the answer and solution.
A finder of goods is
A. Entitled to the specific reward offered by the owner for the return of goods
B. Can retain the goods so long as the specific reward is not given by the owner
C. Both A and B
D. Either A or B
Select an option to see the answer and solution.
Under Section 18 of the Indian Contract Act, 1872, misrepresentation falls under:
A. A statement of fact, which is false, would be misrepresentation if the maker believes it to be true, but which is not justified by the information he possesses
B. Any breach of duty which gains an advantage to the person committing it by misleading another to his prejudice, there being no intention to deceive
C. Causing a party to an agreement to make a mistake as to the substance of the thing which is the subject of the agreement, even though done innocently
D. All of them
Select an option to see the answer and solution.
Surender's dog is lost. He advertises in a newspaper - "Anyone who finds the dog will get a reward of Rs. 20,000." This advertisement is:
A. A proposal
B. An invitation to proposal
C. An acceptance
D. A void contract
Select an option to see the answer and solution.
If the co-sureties are bound in different sums, they are liable to pay
A. Equally subject to the limit of their respective obligation
B. Equally without any limit
C. Equally irrespective of their obligation but subject to the limit
D. Either B or C
Select an option to see the answer and solution.
Consider the following statements:
1. An agreement to agree in the future is void, for there is no certainty whether the parties will be able to agree.
2. Where only a part or a clause of the contract is uncertain, but the rest is capable of bearing a reasonably certain meaning, the contract will be void.
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
Select an option to see the answer and solution.
In case of death of a joint promisor(s) the promisee
A. Can enforce the contract against the survivor(s) of the said joint promisor(s) alongwith the joint promisors who are alive
B. Cannot enforce the contract against the survivor(s) of the said joint promisor(s)
C. Both A and B
D. Cannot enforce the contract against any of them
Select an option to see the answer and solution.
In a contract not specifying the time for performance, the promisor can perform the contract
A. Within any time howsoever long it maybe
B. Within the shortest time
C. Within a reasonable time
D. None of the above
Select an option to see the answer and solution.
Consider the following statements with regard to the consequences of breach of contract.
1. In case of breach of contract, the party who suffers is entitled to receive compensation for any loss or damage caused to him thereby, which the parties knew, when they made the contract, to be likely to result from the breach of it.
2. Such compensation is to be given for any remote and indirect loss or damage sustained by reason of the breach.
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
Select an option to see the answer and solution.
The Contract Act, 1872 consists . . . . . . . . sections
A. 238
B. 248
C. 266
D. None of these
Select an option to see the answer and solution.
The loss or damage arising from a breach of contract has to be ascertained
A. At the date of the breach of contract
B. At the time of making of contract
C. At the discretion of Court
D. None of the above
Select an option to see the answer and solution.
A leaves a cow in the custody of B to be taken care of. The cow has a calf. In the absence of any contract to the contrary-
A. B is bound to deliver only the cow to A
B. B is bound to deliver the calf as well as the cow to A
C. B is bound to deliver The calf as well as the cow if he is paid half the price of the calf
D. B is bound to deliver the calf as well as the cow if he is paid one-third of the price of the calf
Select an option to see the answer and solution.
A, who is B's 'mukhtar', promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is
A. Voidable because it is immoral
B. Void because it is immoral
C. Opposed to public policy
D. Void because consideration is unlawful
Select an option to see the answer and solution.
A void contract is a contract which
A. Is not enforceable by law
B. Does not have reasonable terms
C. Declared void by the Indian contract act
D. Both A and C
Select an option to see the answer and solution.
Bank of India v. O. P. Swarankar, AIR 2003 SC 858 is an important judgment on the following issue:
A. Communication
B. Acceptance
C. Breach of Contract
D. Invitation of offer
Select an option to see the answer and solution.
An agreement in connection with horse racing under Section 30 is
A. Unlawful
B. Voidable
C. Void
D. Valid
Select an option to see the answer and solution.
A', a tradesman leaves his goods at B's house by mistake. 'B' uses the goods as his own. Then:
A. B need not pay to 'A'
B. B is bound to pay 'A'
C. There is no contract
D. None of the above
Select an option to see the answer and solution.
A minor's agreement
A. Is void ab initio & cannot be ratified
B. Can be ratified by the minor during minority
C. Can be ratified on attaining majority
D. Both B and C
Select an option to see the answer and solution.