Objective Questions with Answers on Law Of Contract - 50

1) One consider the following statements about doctrine of frustration : 

 

1) Act has become impossible to be performed

2) Act cannot be performed because of application of some law recently enacted 

 
3) Act cannot be performed by defendant due to his accident 

4) Act cannot be performed because of the non availability of raw material

  Which one of the statement given above are correct ?

A) 1, 2 and 4

B) 1, 2 and 3

C) 2, 3 and 4 

D)1, 3 and 4

Answer : B

2) Consider the following statement :

1) The party rescinding a voidable contract is not liable to restore the benefits received by him under the Contract

2) Every promise may dispense with or remit the performance of the promise made to him

3) Every promise may extend time for performance of the contract

4) When an agreement is discovered to be Void and the person who has received any advantage under such agreement is bound to restore it to the person from he has received it

which of the statement given above are Contract ?

 

A)  2, 3 and 4 

B) 1, 2 and 4

C) 1, 2 and 3

D) 1, 3 and 4

Answer : A

3) A supplies B lunatic with necessaries suitable to his condition in his life whether A is entitled for reimbursement from the property of B : 

A) No 

B) Yes, if the value of property is more than one lac

C) Yes 

D) none of these 

Answer : C 

4) Which of the following is not a Quasi contact ? 

A) Obligation of person enjoying benefit of non gratuitous Act

B) Responsibility of finder of goods 

C) Quantum one quit 

D) not enforceable on being in writing

Answer : D

5) A went B's house to meet him and by mistake leaves his bag. There is 1 kilogram sweet in the bag which has been eaten by B's children without knowing whose sweet is. Decide the liability of B : 

A) B shall be liable to pay the price of sweet to A 

B) B shall not be liable

C) B shall be liable for half of the price of sweet

D) B shall not be liable because A loves B's children very much.

Answer : A