A agree to pay B Rs. 2000 if a certain ship does not return at Mumbai port within a year .A â€—s promise can been forced when the ship
1.arrives Mumbai a damaged condition during the years
2.is lost during the year
3.is sunk during the years
4.arrives Mumbai in a good condition during the year.
A agrees to pay Rs.1,00,000 to B if he brings a star from the sky. This is a contingent contract and
A contingent contract dependent on the non happening of specified uncertain event within fixed time can be enforced if the event
1.Does not happen within fixed time
2.Becomes impossible before the expiry of fixed time
3.Happens within the fixed time
4.Both (a) and (b)
1.Change in one or more terms of the contract
2.Acceptance of lesser performance
3.Abandonment of rights by a party
4.Cancellation of the existing contract
A makes an offer to B on 10th by a letter which reaches B on 12th B posts letter of acceptance on 14th which reaches A on 16th. The communication of acceptance is complete as against A on
1.Arises after he attains majority age
2.Is against only minor's property
3.Does not arise at all
4.Arises if minor gives a promise for it
A promise to compensate ,wholly or in part , a person who has already voluntarily done something for the promisor is
2.not enforceable because it is without consideration,
A threatens to kill B if he does not agrees to sell his scooter from him for Rs.1000. Here B's consent is obtained by
1.A undue influence
4.None of these
A who owes Rs. 10000 to B dies leaving an estate of Rs. 6000. The legal representation of A are
1.Liable for Rs. 10000
2.liable for Rs. 6000
3.not liable at all
4.liable for Rs. 3000.
A, B and C jointly promised to pay Rs.6000 to D. Before the performance of the contract, C dies. Here the contract;
1.Becomes void on C's death
2.Should be performed by A and B along with C's legal representatives
3.Should be performed by A and B alone
4.Should be renewed between A, B and D
A, by a letter dated 25th December 1998, offers to sell his house to B for Rs.10 lakhs. The letter reaches on 27th Dec.1998, who posts his acceptance on 28th Dec. 1998 which reaches A on 30th Dec.1998. Here the communication of offer is completed on;
An acceptance is not according to the mode prescribed but the offerer decides to keep quiet. In such a case there is
3.a voidable contract,
4. an unenforceable contract.
An agreement enforceable by Law is a
4.None of these
An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public policy.
1.Trading with an enemy
2.Trafficking in public offices
3.Marriage brokerage contracts
4.Contracts to do impossible acts
An agreement to pay money money's worth on the happening or non happening of a specified uncertain event is a
An agreement with or by minor is
2.voidable at the option of the minor
3.voidable at the option of the other party
An employee , by the terms of his service agreement , is prevented from accepting a similar engagement after the termination of his service .The restraint
Consent given to a contract under some misrepresentation by the other party makes the contract
Consideration in a contract
1.may be past ,present or future,
2.may be present or future only.
3.must be present only.
4.must be future only.
3.Any other person
4.Any of these
1.lack of free consent
2.lack of consideration
4.absence of legal formalities.
1.void ab initio
3.voidable at the option of the plaintiff
In case of breach of contract, which of the following remedy is available to the aggrieved party?
1.Suit for recission
2.Suit for damages
3.Suit for specific performance
4.All of these
4.None of these
In the above question, the communication of acceptance is complete against A on 28th Dec.1998 and against B on;
1.not unlawful even if they are in restraint of trade.
2.unlawful because they are in restraint of trade.
Sometimes, a person finds certain goods belonging to some persons. In such case, the finder
1.Becomes the owner of the goods and can use them
2.Is under a duty to trace the true owner and return the goods
3.Can sell the perishable goods if true owner cannot be found
4.Both (b) and (c)
4.not affected at all
1.Forbidden by law
4.All of these
1.Indian Contract Act 1862
2.Indian Contract Act 1962
3.Indian Contract Act 1872
4.Indian Contract Act 1972
What is legal terminology for the doing or not doing of something which the promisor desires to be done or not done?
When after the formation of a valid contract, an event happens which makes the performance of contract impossible then the contract becomes
Where an agreement consists of two parts once legal and the other illegal and the legal part is separable from the illegal one, such legal part is
Where both the parties to an agreement are under a mistake as a matter of fact essential to the agreement ,the agreement I
4.not affected at all.
1.Intentional false statement of facts
2.Active concealment of facts
3.Innocent false statements
4.Promise made without intention to perform
1.contract of insurance
2.contract of guarantee,
3.contracts for the sale of goods on credit
1.A contract is not voidable if fraud or misrepresentation does not induce the other party to enter a contract.
2.A party cannot complain of fraudulent silence or misrepresentation if he had the means of discovering the truth with ordinary means
3.In case of fraud or misrepresentation, aggrieved party can either rescind or affirm the contract
4.A party who affirms the contract , can also change his option afterwards if he so decides
1.Consideration must result in a benefit to both parties
2.Past consideration is no consideration in India
3.Consideration must be adequate
4.Consideration must be something which a promisor is not already bound to do
1.A contract with a minor is voidable at the option of the minor
2.An agreement with the minor can be ratified after he attains majority
3.A person who is usually of an unsound mind cannot enter into contract even when he is of a sound mind
4.A person who is usually of an sound mind cannot enter into contract even when he is of a unsound mind
1.A threat to commit suicide does not amount to coercion
2.Undue influence involves use of physical pressure
3.Ignorance of law is no excuse
4.Silence always amounts to fraud