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21
A promise to pay wholly or in part a debt of which the creditor might have enforced payment, but for the law for the limitation of suits is a contract:
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Answer: Option C
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22
A having advanced money to his son, B, during his minority, upon B's coming of age obtains, by misuse of parental influence, a bond from B for a greater influence, a bond from B for a greater amount than the sum due in respect of the advance. A employs
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Answer: Option C
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23
An agreement without consideration is void unless:
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Answer: Option C
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24
The doctrine of supervening impossibility will not apply in the following cases
1. Difficulty in performance
2. Outbreak of war
3. Commercial impossibility
4. Strikes, Lock-outs and civil disturbances
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Answer: Option C
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25
Principle: If any person enters into wagering or betting agreements, such agreements would be illegal and cannot be given effect for enforcing obligations.
Fact: Akbar enters into an agreement with Birbal that if he pays Akbar a premium of Rs. 500 per annum and Birbal's house is devastated by fire within one year of entering into the agreement, Akbar shall make good the loss suffered by Birbal.
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Answer: Option A
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26
Match List-I with List-II and select the correct answer under the given below the lists:
List I List-II
a. Mohiri Bibi Case 1. Remoteness of damage
b. Satyabrata Chose Case 2. Frustration of Contract
c. Hadley v. Baxendale 3. Invitation to treat
d. Carlill v. Carbolic 4. Minor's contract
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Answer: Option A
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27
Under the Indian Contract Act, a proposal when accepted becomes:
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Answer: Option A
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28
A' agrees to sell to 'B' a hundred tons of oil. There is nothing whatever to show what kind of oil was intended. The agreement is:
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Answer: Option B
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29
No consideration is necessary to create
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Answer: Option C
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30
An acceptance may be revoked at any time before the communication of its acceptance is complete:
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Answer: Option B
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