Details of this Paper

PAPER 3: FUNDAMENTALS OF LAWS AND ETHICS 50_MCQ part 8

Description

solution


Question

Question;1.;Whoisliablefornecessariessuppliedtoaminor?;(a) Theguardianoftheminor;(b);Theminor;(c);Hisproperty;(d);Noneoftheabove;2.;UndertheIndianContract;Actsomepersons;havethedutysimilar;tothatofabaileebutunderwhichofthefollowingsections;(a);Section69;(b);Section70;(c);Section71;(d);Section72;3.;Thecontractuberrimaefideimeansacontract;(a) Ofgoodwill;(b);Guaranteedbyasurety;(c);Ofutmostgoodfaith;(d);Ofgoodfaith;4.;Theterm'quasi-contracts'is;(a);Definedbysection68oftheIndian;ContractAct;(b);Named'impliedinfactcontract'bySection69oftheIndianContract Act;(c);Foundas'unjust'enrichment'isSection70onlyoftheIndian;Contract Act;(d);Conspicuousbyitsabsence;intheIndian;Contract Act;5.;WhichofthefollowingstatementistrueinconnectionwithQuasi-contract.;(a) Itisimposedby law;(b) AQuasi-contractisarevokingcontract;(c) DamagescannotbeclaimedforbreachofQuasi-contractualright.;(d) Itarisesoutofanagreement;6.;Whichofthefollowingstatementsregarding;Quasi-contractsisincorrect;(a);Itresemblesacontract;(b);Itisimposedby law;(c);Itisbasedonthedoctrine;ofunjustenrichment;(d);Itisvoluntarilycreated;7.;Whichofthefollowingtransactionscannot;bedescribedasQuasi-contracts;(a) Claimsofnecessariessuppliedtoincompetentperson;(b) Righttorecovermoneypaidforanother;person;(c) Righttoclaimmoneyifgivenundercoercionormistake;(d) Righttoclaimmoneyifgivenunderfraudormisrepresentation;8.;Quasi-contractsare;(a) notcontracts;intherealsenseoftheword;(b) relationswhichcreatecertainobligationsresemblingthosecreated;byacontract;(c) impliedcontracts;(d) unenforceablecontracts;9.;Afindercansellthegoodsif;(a);thegoodsareascertained.;(b);thegoodsareun-ascertained;(c);thegoodsarevaluable;(d);thegoodsareperishable;10.;Mr.KamalwasleviedSalesTaxonhisforwardtransactionsinbullion;whichhepaid.Thelevyofthistaxwasdeclaredultravires.Mr.KamaldemandedrefundontheamountofSalesTaxonthegroundthatpaymentwasundera mistake;oflaw.Whichofthefollowingiscorrect?;(a);Mr.Kamal will;notsucceedas;once the payment;is made to governmentit;cannot;berefunded;(b) Mr.Kamalwillnotsucceed;ashisforward;transactionofbullion;attractedsalestaxatthattime;(c) Mr.Kamalwillsucceed;(d) Mr.Kamalwillnotsucceed;asmistakeoflawisnotgooddefence;11.;Aninsurancecompanypaidmoneybymistakeonapolicywhichhadlapsed.;Thoughthecom-panywasnotignorantofthefactofthelapse,thiswasoverlookedatthetimeofpayment.;Canthecompany recoverthe;amount?;(a) Thecompanycannotrecover;theamount;(b) Thecompanycanrecover;theamount;(c) Thecompanyoncepaidthemoneyisestopped;todemandbackbyvirtueof'DoctrineofEstoppel;(d) Thecompanycanrevive;thelapsedpolicyandthusregularizethepayment;12.;Where a partytoacontract;fails toperform;at orbeforeaspecified timeanditwasthe;intention ofthepartiesthattimeshould;beof the essence;(a) Thecontractbecomesvoidable;(b) Thecontractdoesnotbecomevoidablebuttheaggrieved;partyisentitledtocompensation;(c) Thecontractbecomesvoid;(d) Noneofthese;13.;Contractswhichneednotbeperformedarespeltoutin;(a);Sees.60-65oftheContractAct;(b);Sees.61-66oftheContractAct;(c);Sees.62-67oftheContractAct;(d);Sees.68-70oftheContractAct;14.;Reciprocalpromisesinclude;(a) Mutualandindependentpromises;(b) Mutualanddependentpromises;(c) Mutualandconcurrentpromises;(d) Allofthese;15.;AcontractswithBtoconstructabuildingforafixedprice,Bsupplying;thenecessarytimber.;Thisreciprocalpromiseis;(a) MutualandIndependent;(b) MutualandDependent;(c) MutualandConcurrent;(d) Noneoftheabove;16.;Acontractof;personalnaturecanbeperformed;by;(a) Thepromisor;(b) Theagent;(c) Thelegalrepresentative;(d) Noneoftheabove.;17.;Liabilityofthejointpromisor;is;(a) Joint;(b) Several;(c) Jointandseveral;(d) Noneoftheabove;18.;Wheretheorderofperformanceisnotfixedthecontractwillbeperformed;asper;(a) Thewishofthepromisor;(b) Thewishofthepromisee;(c) Thewishofboththeparties;(d) Thenatureoftransactions;19.;Ifneitherthedebtornor;the creditor appropriatesthepayment;the paymentwillbeappropriated;(a) As perthedesire;ofthepromisor;(b) As perthedesire;ofthepromisee;(c) Inorderoftime;(d) Noneoftheabove.;20.;Agreementby way of;wagerare;(a) Validandenforceablebylaw;(b) Void;(c) Voidableattheoptionofparty;(d) Illegal;21.;Anofferofperformanceisknownas;(a);Offer;(b) Proposal;(c) Tender;(d) Acceptance;22.;Whichone ofthefollowing is correct;abouttheessentialsofa valid;tender?;(a) Thetendermustbeunconditional;(b) Thetendermustbe madeatpropertimeandplace;(c);Thepromiseemustbegivenanopportunitytoascertainthatthegoodsareaccording;tothecontract;(d) Alloftheabovearecorrect;23.;A,BandCjointly;promisetopayD`3,000.D maycompel;(a) A,BandC jointly to payhim`3,000;(b) Ato payhim`3,000;(c) AorBorCtopayhim`3,000;(d) A,BandC jointlyandseparately to pay`3,000;24.;Acontractstandsdischarged;(a)Byperformanceofthecontract;(b)Bybreachofthecontract;(c)Byagreementandnovation;(d)Allofthese;25.;Wherebythecontract,apromisoristoperformhispromisewithoutapplicationbythepromiseandnotimeforperformanceisspecified;theengagementmustbeperformedwithinarea-sonabletime.Thequestion"Whatisa reason abletime"isineachparticularcaseisa;(a) Aquestionoffact;(b) Aquestionoflaw;(c) Aquestionofgeneralcustom;(d) Allofthese;26.;Whentimeisnottheessence;ofcontract;(a) Itisexpectedthatthepromisor;wouldperformthecontract;withinthetime;(b) Itmustbeperformedwithinareasonabletime;(c) Thepromisorwouldperformthe contractwithinthestipulatedtime;(d) Noneofthese;27.;Howmany contractsaretherein;a contractofguarantee?;(a) Twocontracts;(b) Threecontracts;(c) Fourcontracts;(d) Noneofthese;28.;Whena contract;ceasestobind the;partiestoit,itissaid;to;be;(a) Discharged;(b) Performed;(c) Obliged;(d) Noneofthese;29.;Eachparty toa contractisbound toperform;hispartoftheobligation.Aftertheparties;havemadedueperformanceofthecontractcomestoanend.Insuchacasethecontract;issaidtobedis-charged;(a) Bybreachofcontract;(b) Byimpossibilityofperformance;(c) Byagreementandnovation;(d) Byperformanceofcontract;30.;A,asingerentersintoacontractwithB,themanagerofatheatre;tosingathistheatretwonightsineveryweekduringthenexttwomonthsandBengages;topayher`100foreachnight'sperformance.Onthesixthnight,Awillfullyabsents;herselffrom;thetheatre.;(a)Bisatlibertytoputanendtothecontract;(b);Bcannotputanendtothecontract;(c) ThecontractisleftatthelibertyofA;(d);Noneofthese;31.;AandBcontracttomarry;eachotherbeforethetimefixedforthemarriage.Agoesmad.Thecontractbecomes;(a) Void;(b) Voidable;(c) Unenforceable;(d) Noneofthese;32.;Ifacontract;isbasedonpersonal;skillorconfidenceofparties;thedeathofapartyinsuchacase;(a) Putsanendtothecontract;(b) Doesnotputanendtothecontract;(c) Therepresentativesofthedeceased;canbemadeliabletoperform;suchacontract;(d) Noneofthese;33.;Whentheperformanceofacontract;becomesimpossible,thepurposewhichthepartieshadinmindisfrustrated.Ifthepurposebecomesimpossiblebecauseofsuperveningevent,thepromisor;isexcusedfrom theperformanceofthecontract.Thisisknownas;(a) Thedoctrineoffrustration;(b) Initialimpossibility;(c) Subsequentimpossibility;(d) Noneofthese;34.;If aperson accepts;alessersumof moneythan;whatwas contractedfor indischarge;of thewholedebt,itisknownas;(a) Waiver;(b) Rescission;(c) Alteration;(d) Remission;35.;Arerightsunderacontractassignable?;(a);Yes;(b);No;(c);Depends;(d);Anyoftheabove;36.;Arerightsunderacontractassignableunlessthecontractispersonal;initsnature?;(a) Yes;(b) No;(c) Notinnormalcases;(d) Depends;37.;Isofferofperformancedischarge;ofobligation?;(a);Yes;(b) No;(c) Depends;(d) Anyoftheabove;38.;Amodificationorrevocationofthecontractrequiresa??? ofeachcontractingparty.;(a) Denial;(b) Consensus;(c) Modification;(d) Revocation;39.;Essenceof??.liesnotinthedissimilarityofthetermsbetweenthetwocontractsbutintheintentionofthepartiestosupersedetheold;by thenew.;(a);Acceptance;(b);Offer;(c);Novation;(d);Proposal;40.;Achangeof nature;ofobligationofa;contractisknown;as;(a);Novation;(b);Rescission;(c);Alteration;(d);Repudiation;41.;Incaseofconflict;ofjurisdictionofthecourts,theincidence;ofacontract;shallbegoverned;bythelaw of;theplacewherethe;(a) Contractismade;(b) Contractisperformed;(c) Acceptorresides;(d) Proposerresides;42.;Iftheperformanceofcontractbecomesimpossiblebecausethesubjectmatterofcontracthasceased toexistthen;(a);Boththepartiesareliable;(b);Neitherpartyisliable;(c);Onlyoffererisliable;(d);Onlyacceptorisliable;43.;A,BandCjointlypromise;topay`3,000toX.Intheabsenceofexpressagreementtothecontrary,Xcanbringanactionagainst;(a) Anytwoofthemonly;(b) Allofthemtogether;(c) Anyoneofthem,atthischoice;(d) Either (b)or(c);44.;Which of thefollowingisnotaexception totherulethattheagreementinrestraint;oftradeisvoid;(a) Apartnercanbepreventedforcarrying;onsimilarbusiness;(b) Anoutgoingpartnercanberestraintoncarrying;similarbusiness;(c) Ondissolutionoffirm,partnersmayagreenottocarryonsimilar;business;(d) Thesellerofgoodwillofbusiness;canbepreventedforcarryinganykindofbusinessatanyplace;45.;Adoctorteachinginamedicalcollegeprevented;fromdoingprivatepractice;sucharestrictionis;(a);Valid;(b);Partiallawful;(c);Unlawful;(d);PartialUnlawful;46.;Agreementisrestraintoftradeisvoid.;Therestraintmentioned;hereis;(a);Partial;(b);Total;(c) (a)&(b);(d) Noneof these;47.;Avalidtender;orofferofperformancemustbe;(a) madeatpropertime;(b) madeatproperplace;(c) madetotheproperperson;(d) alltheabove;48.;AcontractstosingforBforaconsiderationof`5,000whichamount;ispaidinadvance.Abecomesunwellandisnotabletoperform.B suffers;alossof`10,000.AisliabletopayB;(a) `15,000;(b) `10,000;(c) `5,000;(d)Nothing;49.;Acontractorhadtosupply;thearmycharpoys;incertainquantitiesbyinstalments.Hefailed;tosupplytherequisite;numberandevenafterthatbreachtheinstalmentofcharpoys;wasreceivedbyarmyauthorities.Meanwhile,theworkorderswerehowevercancelled.Theorderscancellingtheworkorderwere;(a);Valid;(b);Void;(c);Withoutauthority;(d);Contractorcouldclaimdamages;50.;Byacontract;BagreedtotakeA'ssoninadoptionandAtogiveBenjoymentofcertainpro-perties.;Arefusedtogivehissoninadoption,hemadetheadoptionimpossiblebyperformingthemarriage;oftheboy.;(a) ThecontractisenforceablesinceAdidnotgivehissoninadoption;(b) Bshouldbegiventheproperty;aspertheagreement;(c) As adoptionwasnotcomplete;thecontractisnotenforceable;(d) A'sactioncanbeconsideredlegitimateasaparent

 

Paper#59036 | Written in 18-Jul-2015

Price : $22
SiteLock