41
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
Answer & Solution
Answer: Option
A
42
"Coercion" under Indian Law is also known as
A)
Duress
B)
Voidable agreement
C)
Void Agreement
D)
Both A and B
Answer & Solution
Answer: Option
A
43
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
Answer & Solution
Answer: Option
A
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
Answer & Solution
Answer: Option
B
45
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
Answer & Solution
Answer: Option
D
46
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
Answer & Solution
Answer: Option
A
47
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
Answer & Solution
Answer: Option
A
48
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
Answer & Solution
Answer: Option
A
49
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
Answer & Solution
Answer: Option
A
50
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
Answer & Solution
Answer: Option
C