Thursday, April 23, 2020

CONTRACT LAW MCQS SET 63

CONTRACT LAW MCQS SET 63

Performance of contract

1. Where reciprocal promises are to be simultaneously performed
a. Promisor need not perform his part of promise at all
b. Promisor need not perform his part of promise unless Promisee is ready and willing to perform his reciprocal promise
c. Promisor has to compel Promisee to perform his promise first
d. Promises are not valid at all

2. If a contract provides for the order of performance of reciprocal promises, the promises shall be performed
a. in the order mentioned
b. in any reasonable order
c. in any appropriate order
d. in any order whatsoever

3. If a contract does not provide for the order of performance of reciprocal promises, the promises shall be performed
a. in any suitable order
b. in any reasonable order
c. in such order which the nature of transactions require
d. in any order

4. Where a contract contains Reciprocal Promises and one party to the contract prevents the other from performing his promise, the contract is
a. Valid
b. Void
c. voidable at the option of the party preventing the other
d. voidable at the option of the party so prevented

5. Where a contract contains Reciprocal Promises and one party to the contract prevents the other from performing his Promises, the party so prevented can
a. avoid the contract
b. recover compensation from the party preventing
c. Both (a) and (b)
d. Either (a) or (b)

6. A owes B total of Rs 25,000. He sends a cheque for Rs 10,000 stating that it shall be appropriated towards the first sum of Rs 10,000 he took from B. B shall appropriate it
a. towards any debt due from A
b. towards any time barred debt due from A
c. towards any disputed debt due from A
d. towards that debt as indicated by A

7. A valid tender of promises 
a. is equal to performance of promise
b. Something more than performance of Promise
c. Both (a) and (b)
d. Neither (a) nor (b)

8. A entered into contract with B to deliver certain goods to B. A offered the goods to B at proper time and place, but B refused to accept the goods. In this case,
a. A does not have any right against B
b. A can sue B for breach of contract, but not discharged from his liability
c. A is discharged from his liability and can also sue B fore breach of contract
d. B is not liable for breach of contract

9. A owes Rs 60,000 to B. Before clearing his liability, A dies leaving behind an estate worth Rs 40,000. In this case, A’s legal representatives are liable for
a. Rs 20,000
b. Rs 40,000
c. Rs 60,000
d. None of the above

10. The promises forming consideration for each other are called
a. Reciprocal Promises
b. Mutual Promises
c. Independent promises
d. None of the above
ANSWER:1. b
2. a
3. c
4. d
5. c
6. d
7. d
8. c
9. b
10. a

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