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71
A party who does not suffer any loss in case of contract is entitled to:-
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Answer: Option D
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72
The rule about exclusion of oral evidence contained under Section 92 will apply in those cases where contract/grants or other disposition is
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Answer: Option A
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73
Read Assertion (A) and Reason (R) and answer by using given below:
Assertion (A): An agreement would be void if both the parties to the agreement were under a mistake as to a matter of fact not essential to the agreement.
Reason (R): Because Section 20 of the Indian Contract Act so provides.
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Answer: Option D
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74
Which one of the following statements is correct?
An agreement to which the consent of the promisee is freely given, is not void merely because the
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Answer: Option B
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75
According to Section 11 of the Contract Act, a person is incompetent to contract who is a:-
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Answer: Option D
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76
Inadequacy of consideration is relevant in determining the question of:
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Answer: Option D
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77
In which of the following instances has the discharge of agreement not been effected?
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Answer: Option C
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78
Match List I containing cases with List II containing respective areas of contract and select the correct answers using the given below:
List I List II
a. Balfour v. Balfour 1. Frustration of contract
b. Felthouse v. Bindley 2. Invitation to receive offer
c. Krell v. Henry 3. Intention to contract
d. Harvey v. Facey 4. Communication of acceptance to offeror
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Answer: Option B
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79
Any guarantee which the creditor has obtained by means of keeping silence as to material circumstances is:
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Answer: Option C
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80
X transfers possession or custody of the farmland to his son, S. S shall pay rent or a lease fee in return. S only receives custody and control of the property, but X still owns it. X is thus responsible for paying the property taxes and is liable for what happens on the land. This kind of contract or arrangement is called:
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Answer: Option B
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