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41
Arrange the following concepts in sequence in which they occur, using the given below:
(1) Offer is communicated
(2) Counter-offer is made
(3) Offer is rejected
(4) Counter-offer is accepted
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Answer & Solution
Answer: Option B
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42
Match List I with List II
List I Lis II
a. Carlill v. Carbolic Smoke Ball Co. 1. Offers at large
b. Fisher v. Bell Tinn 2. Invitation to treat
c. Tinn v. Hoffman 3. Question of price
d. Harvey v. Facey 4. Cross offers
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Answer & Solution
Answer: Option A
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43
Which one of the following elements is not necessary for a contract?
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Answer & Solution
Answer: Option B
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44
In determining the amount of any compensation awarded under section 21 of the Specific Relief Act, the court shall be guided by the principles specified in section . . . . . . . . of the Indian Contract Act, 1872
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Answer & Solution
Answer: Option B
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45
What is the terminology used to describe a situation when two parties make identical offers to each other in ignorance of each other's offer?
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Answer & Solution
Answer: Option B
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46
A agrees to pay Rs. 1,000 to B without consideration. This agreement is
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Answer & Solution
Answer: Option B
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47
All agreements are contract if . . . . . . . .
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Answer & Solution
Answer: Option D
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48
Consider the following statements:
1. Moses v. Macferlan is a prominent example of theory of unjust enrichment as propounded by Lord Mansfield.
2. According to this theory, the demands of justice and equity is to prevent the unjust enrichment of one person at the cost of another.
3. Sinclair v. Brougham has propounded the theory of "Implied-in-fact" contract to elaborate the nature of Quasi Contracts.
Choose the correct option from below:
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Answer & Solution
Answer: Option A
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49
A agrees to pay B a sum of Rs. 5,000 if two straight lines should enclose a space. The agreement is
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Answer & Solution
Answer: Option A
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50
Surety on payment or performance of his liability, against the principal debtor
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Answer & Solution
Answer: Option B
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