Announcement of reward to the general public through newspaper to find the stolen goods is:
A. An offer
B. A promise
C. A consideration
D. An agreement
Select an option to see the answer and solution.
A contract stands discharged by:-
A. Performance of the contract
B. Frustration of the contract
C. Novation
D. All of these
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When the damages cannot be assessed, the party may be awarded by the court
A. Exemplary damages
B. Actual damages
C. Liquidated damages
D. Nominal damages
Select an option to see the answer and solution.
The threat of suicide amounts to:
A. Coercion
B. Undue influence
C. Misrepresentation
D. Fraud
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As per the Indian Contract Act, 1872, the communication of an acceptance is complete:
1. As against the acceptor when it comes to the knowledge of the proposer.
2. As against the proposer when it is put in a course of transmission to him so as to be out of the power of the acceptor.
Based on the above two propositions, decide:
A. Only (1) is correct
B. Only (2) is correct
C. Both (1) and (2) are correct
D. None of the above two propositions is correct
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The provisions relating to contingent contract under the Indian Contract Act, 1872 is laid down under
A. Sections 31 to 37
B. Sections 32 to 37
C. Sections 31 to 36
D. Sections 30 to 36
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"A" contracts to pay "B" a certain sum of money when "B" marries "C". 'C' dies without being married to "B":
A. The contract not enforceable
B. The contract valid and enforceable
C. The contract invalid
D. None of these
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When both the parties to agreement are at mistake regarding facts, the agreement will
A. Be enforceable
B. Be voidable
C. Not be void
D. Be void
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Which judicial pronouncement of the Queen's Bench of England had dealt with the concept of 'general offer'?
A. Carlill v. Carbolic Smoke Ball Co.
B. Balfour v. Balfour
C. Taylor v. Partington
D. Spencar v. Harding
Select an option to see the answer and solution.
Frustration of contract implies
A. Commercial hardship
B. Physical impossibility due to disappearance of the subject matter of the contract or the object has failed to materialise
C. Both A and C
D. Neither A nor B nor C
Select an option to see the answer and solution.
In case of breach of contract, compensation can be claimed under section 73
A. For the proximate and natural consequences of breach
B. For remote consequence of the breach
C. For indirect consequences of the breach
D. All the above
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Past consideration means
A. Money received in the past without making even a proposal
B. The price which is more than the promisor's past expectations
C. The price paid or service rendered at the desire of the promisor followed by a subsequent promise
D. Consideration that was valuable in the past but has ceased to be of any value at the time of performance of contract
Select an option to see the answer and solution.
According to provisions of Indian Contract Act, 1872 void agreement and void contract is the same.
A. True
B. False
C. Parlty True
D. Parlty False
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In which of the following cases it was held that the "Contract cannot be declared to have been frustrated because its performance had become more onerous on account of unforeseen circumstances"?
A. Premier Explosices Ltd. v. Chairman and Managing Director, Singareni Collieries Co. Ltd., AIR 2010 AP 107
B. M. V. Ramma v. T. N. Reddy, AIR 2010 AP 114
C. T. Mohan Reddy v. Potu, AIR 2010 AP 117
D. P. T. Reddy v. Jyoti Reddy, AIR 2010 AP 119
Select an option to see the answer and solution.
Under section 146, the co-sureties are liable to contribute
A. Equally
B. Unequally
C. According to their capacity
D. Either A or B or C
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A agrees to pay B 1,000 rupees if B will marry A's daughter C. C was dead at the time of the agreement.
A. The agreement is void
B. The agreement is not void
C. Either (A) or (B)
D. None of these
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A continuing guarantee may be revoked for further transaction
A. After a year
B. After six months
C. After three months
D. At any time
Select an option to see the answer and solution.
A guarantee to be valid
A. Can only be of a present debt
B. Can be of past debt if some further debt is incurred after the guarantee
C. Can be of future debt if some debt is incurred after the guarantee
D. All the above
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Which one of the following does not amount to revocation under Section 6 of the Indian Contract Act, 1872?
A. By communication of notice of revocation
B. By failure of the acceptor to fulfil a condition precedent to acceptance
C. By lapse of time prescribed in such proposal for acceptance without communication of acceptance
D. By the death of the acceptor
Select an option to see the answer and solution.
While determining damages which of the following are taken into account
A. Motive of breach
B. Manner of breach
C. Inconvenience caused by non-performance
D. All the above
Select an option to see the answer and solution.