Under Indian Contract Act, 1872 "an agreement not enforceable by law is said to be void", which one of the following agreements, is not void?
A. Agreement in restraint of legal proceedings
B. Agreement in restraint of trade
C. Agreement under coercion
D. Agreement in restraint of marriage
Select an option to see the answer and solution.
The law relating to appropriation of payment under the Indian Contract Act, 1872 has been provided in which of the following Sections?
A. Sections 10 to 12
B. Sections 36 to 38
C. Sections 62 to 64
D. Sections 59 to 61
Select an option to see the answer and solution.
A contract of guarantee has been defined
A. Under Section 123 of Indian Contract Act
B. Under Section 124 of Indian Contract Act
C. Under Section 125 of Indian Contract Act
D. Under Section 126 of Indian Contract Act
Select an option to see the answer and solution.
Unlawful consideration and object have been mentioned under which section of the Indian Contract Act, 1872?
A. Under Section 18
B. Under Section 20
C. Under Section 26
D. Under Section 23
Select an option to see the answer and solution.
A servant is engaged by the master under . . . . . . . .
A. Contract of service
B. Contract for service
C. Contact from services
D. Contract in services
Select an option to see the answer and solution.
A, a singer, enters into a contract with B, the manager of a theatre, to sing at his theatre two nights every week during the following two months, and B agrees to pay Rs. 100 for each night's performance. On the sixth night A wilfully absents herself from the theatre.
A. B is at liberty to put an end to the contract
B. B has to give notice to end the contract
C. B cannot breach the contract
D. It is A's freedom to take leave, so B has to retain A
Select an option to see the answer and solution.
When the promisor offers to perform his obligation to the promisee, it is called
A. Novation
B. Tender of performance
C. Offer of performance
D. Both B and C
Select an option to see the answer and solution.
An agreement made by mistake is
A. Voidable
B. Void
C. Illegal
D. Immoral
Select an option to see the answer and solution.
In which of the following cases was the legality of contract over telephone decided?
A. Hyde v. Wrench
B. Powell v. Lee
C. Entores Ltd. v. Miles Far East Corporation
D. Said v. Butt
Select an option to see the answer and solution.
Which Article of the Constitution of India provides for "Equal Justice and Free Legal Aid"?
A. Article 39
B. Article 39A
C. Article 43
D. Article 43A
Select an option to see the answer and solution.
The leading case of Harvey v. Facey relates to which one of the following
A. Conditional acceptance
B. Cross proposal
C. Continuing offer
D. Invitation to offer
Select an option to see the answer and solution.
Quasi contractual obligations are based on the theory propounded by whom?
A. Lord Wright
B. Lord Sumner
C. Anson
D. Lord Mansfield
Select an option to see the answer and solution.
An apparently valid agreement may be vitiated if the consent is obtained erroneously regarding:-
A. Opinion as to subject-matter
B. Valuation as to the nature of the transaction
C. Representation as to the nature of the transaction
D. None of the above
Select an option to see the answer and solution.
A contract is not frustrated:
A. By commercial impossibility
B. By imposition of government restriction or order
C. By destruction of subject-matter of contract
D. By death or incapability of party when contract is of personal services
Select an option to see the answer and solution.
Insurance is a:
A. Contingent contract
B. Wagering contract
C. Contract of indemnity
D. Contract of guarantee
Select an option to see the answer and solution.
Pledge under section 172 of Indian Contract Act has been defined as
A. A licence to take possession of goods
B. An agreement to give possession of goods
C. Bailment of goods as a security for payment of a debt or for performance of a promise
D. Both A and B
Select an option to see the answer and solution.
If the time is not the essence of the contract the failure to perform the contract by the specified time makes the contract
A. Void
B. Voidable at the instance of the promisee
C. Remains valid but the promisee can claim compensation for the loss suffered by him by such failure
D. Remains valid & can be performed at any subsequent time without being liable for the loss suffered by the promisee
Select an option to see the answer and solution.
A contract or an obligation to perform a promise could arise by
A. Agreement and Contract
B. Promissory Estoppel
C. Standard form of contracts by promise
D. All of the above
Select an option to see the answer and solution.
Enforceable agreements are the one
A. Made by free consent
B. Parties to the contract are competent to enter into an agreement
C. Having lawful consideration & lawful object
D. All the above
Select an option to see the answer and solution.
Who is called a "promisee" according to the Contract Act?
A. A person to whom a proposal is made
B. A person accepting the proposal
C. A person furnishing the consideration for the promise
D. A person to whom a promise is made
Select an option to see the answer and solution.