Tag: discharge and breach of a contract

Questions Related to discharge and breach of a contract

Quasi Contractual liabilities lead to ____. 

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. Prevention of unjust enrichment

  2. Counter Offer

  3. Cross Offer

  4. Specific Offer

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Correct Option: A

Which of the following give(s) a right to claim damages for its breach?

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. Conditions

  2. Warranties

  3. Both (A) and (B) above

  4. None of the above

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Correct Option: C

A person choosen by disputing parties to settle their differences is called ______.

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. Agent

  2. Partner

  3. Arbitrator

  4. Owner

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Correct Option: C

A Company announced a reward of Pounds 100 to anyone who contracted influenza after using its Smoke Balls for a certain period. Mrs. C used the Smoke Balls and contracted influenza. She claimed the reward but the Company rejected her claim stating that she did not communicate her acceptance to the Company. Here ____________.

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. acceptance is not communicated and reward cannot be claimed

  2. offer is not communicated and reward cannot be claimed

  3. acceptance need not be communicated and reward can be claimed

  4. there is no claim since reward cannot be given for contracting diseases

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Correct Option: C

Kedar promised to pay Rs. 5000 to car repairer for the incurred expenses but later Kedar refused to pay the agreed amount. Which of the following is true?

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. Car repairer cannot claim the expenses.

  2. The car repairer can claim Rs. 5000.

  3. Car repairer cannot claim Rs. 500 as compensation.

  4. None of the above.

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Correct Option: B

Rohan promises to make a gift of RS. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan?

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. The trustee cannot recover anything from Rohan.

  2. The trustee can recover to the extent of liabilities from Rohan.

  3. The trustee can recover Rs. 10,000 from Rohan.

  4. None

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Correct Option: B

Which of these constitute Fraud?

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. Any act fitted to deceive

  2. Any such act or omission as specifically declared by law to be fraudulent

  3. Both (a) and (b)

  4. Neither (a) nor (b)

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Correct Option: C

A promise made without any intention of performing it cannot be regarded as Fraud

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. True

  2. False

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Correct Option: B

In case of Anticipatory Breach, the Promisee can ___________.

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. put an end to the contract and treat the anticipatory breach as actual breach of contract.

  2. elect to keep the contract alive till the date of performance

  3. either (a) or (b)

  4. neither (a) nor (b)

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Correct Option: C

In case of anticipatory breach, where the Promise elects to keep the contract alive, if during the time the contract remains open, some event happens discharging the Promisor from his liability, the Contract becomes _________.

commerce discharge and breach of a contract remedies for breach of contract performance, discharge, breach and remedies of contract business law and contract act

  1. Illegal

  2. Void

  3. Voidable

  4. contingent

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Correct Option: B