Thursday, April 23, 2020

CONTRACT LAW MCQS SET 68

CONTRACT LAW MCQS SET 68

Discharge of contract

1. Where performance has become more difficult than estimated at the time of entering into contract, the contract
a. is not discharged
b. is discharged
c. becomes void
d. becomes voidable

2. …………. indicates that the parties are not further bound under the contract,
a. Waiver of a Contract
b. Breach of a Contract
c. Rescission of a Contract
d. Discharge of a Contract

3. When a contract ceases to bind the parties to it, it is said to be
a. Discharged
b. Performed
c. Obliged
d. Rescinded

4. In which of the ways can a contract be discharged?
a. By performance
b. By operation of law
c. By lapse of Time
d. All of the above

5. In which of the ways can a contract be discharged?
a. By Performance
b. By Operation of law
c. By Mutual Agreement
d. All of the above

6. An obligation under a contract stands discharged by
a. dispensing with the performance
b. impossibility of performance
c. death of the party and contract is personal
in nature
d. All of the above

7. Which of the following is incorrect?
a. Performance of contract and discharge of contract have the same effects
b. Commercial impossibility is not impossibility
c. Commercial impossibility does not make the contract void
d. Cancellation of a contract by mutual consent of both parties is called waiver

8. A contract stands discharged
a. By performance of the contract
b. By breach of the contract
c. By agreement
d. All of the above

9. A contract can be discharged by performance in which of the following ways?
a. Actual performance
b. By valid tender
c. Either (a) or (b)
d. Both (a) and (b)

10. A contracts to sell his scooter to B for Rs 50,000 and B agrees to pay on delivery. Both parties perform promises. This is called
a. Waiver
b. Breach of a Contract
c. Attempted performance of contract
d. Actual performance of a Contract
ANSWER:1. a
2. d
3. a
4. d
5. d
6. d
7. a
8. d
9. c
10. d

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