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Thursday, April 23, 2020

CONTRACT LAW MCQS SET 69

CONTRACT LAW MCQS SET 69

Discharge of contract

1. Which of the following is correct?
a. Anticipatory breach of contract takes place after due date of performance
b. In case of anticipatory breach of contract, contract may be kept alive
c. In case of actual breach of contract, the contract becomes void if the time is the essence of the contract
d. There is no consideration in novation of contract

2. In which of the ways can a contract be discharged by operation of law?
a. Death of Promisor
b. Insolvency of Promisor
c. Merger of Right
d. All of the above

3. In which of the ways can a contract be discharged by operation of law?
a. Unauthorized material alteration contract
b. Vesting of right and liabilities in the same person
c. Neither (a) nor (b)
d. Both (a) and (b)

4. In case of contracts involving personal skill or expertise of the Promisor, death of the Promisor leads to
a. Discharge of a Contract
b. Breach of a Contract
c. Rescission of a Contract
d. Waiver of a Contract

5. A promises to perform a dance in B’s theatre. A dies. The contract is
a. Void
b. Discharged
c. Rescinded
d. Voidable

6. Assignment by operation of law takes place
a. by the mutual consent of the parties
b. by the will of either party
c. when the subject matter of a contract ceases to exist
d. by the death of a party to a contract

7. When person is declared insolvent, he is ………… all his contractual liabilities incurred prior to date of insolvency order.
a. penalized for
b. responsible for
c. discharged from
d. both (a) and (c)

8. A took a house on rent from B. during tenancy, A purchases that house. The earlier contract of tenancy is
a. Void
b. Discharged
c. Rescinded
d. Voidable

9. Where any party makes any material alteration to the terms of contract, with the consent of the other party, the new contract is
a. Void
b. Voidable
c. Valid
d. Discharged

10. Where any party makes any material alteration to the terms of contract, without the consent of the other party. The contract is
a. Void
b. Voidable
c. Valid
d. Discharged
ANSWER: 
1. b
2. d
3. d
4. a
5. b
6. d
7. c
8. b
9. c
10. d

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