Indian Contract Act - Practice Test

[#716] A contracts to sing for B at a concert for 1,000 rupees which are paid in advance. A is too ill to sing-

(A) A is bound only to make compensation to B for the loss of the profits which B would have made if A had been able to sing but not bound to refund 1,000 paid in advance

(B) A is neither bound to refund 1,000 rupees paid in advance nor is bound to make compensation to B for the loss of profits which B would have made if A had been able to sing

(C) A is not bound to make compensation to B for the loss of profits which B would have made if A had been able to sing, but must refund to B the 1,000 rupees paid in advance

(D) A is not bound to make compensation to B for the loss of profits which B would have made if A had been able to sing but must refund to B half of the amount paid in advance

Correct Answer

(C) A is not bound to make compensation to B for the loss of profits which B would have made if A had been able to sing, but must refund to B the 1,000 rupees paid in advance

[#717] When one person signifies to another his willingness to do or to abstain from doing any thing with a view to obtaining the assent of that other person to such act or abstinence he is said to make a

(A) Proposal

(B) Promise

(C) Both A and B

(D) None of these

Correct Answer

(A) Proposal

[#718] A, a man enfeebled by disease or age, is induced by B's influence over him as his medical attendant, to agree to pay B an unreasonable sum for his professional services, B employs:

(A) Misrepresentation

(B) Undue influence

(C) Coercion

(D) Fraud

Correct Answer

(B) Undue influence

[#719] The liquidated damages are essentially-

(A) Payment of money stipulated as a warning to the offending party

(B) Payment of compensation determined by the court

(C) Compensation arbitrarily determined by the aggrieved party

(D) Genuine covenanted pre-estimated damages

Correct Answer

(D) Genuine covenanted pre-estimated damages

[#720] Agreement is defined in Sec. . . . . . . . . of the Indian Contract Act, 1872.

(A) 2(c)

(B) 2(e)

(C) 2(g)

(D) 2(i)

Correct Answer

(B) 2(e)

Indian Contract Act - Study Mode

[#716] A contracts to sing for B at a concert for 1,000 rupees which are paid in advance. A is too ill to sing-

Correct Answer

[#717] When one person signifies to another his willingness to do or to abstain from doing any thing with a view to obtaining the assent of that other person to such act or abstinence he is said to make a

Correct Answer

[#718] A, a man enfeebled by disease or age, is induced by B's influence over him as his medical attendant, to agree to pay B an unreasonable sum for his professional services, B employs:

Correct Answer

[#719] The liquidated damages are essentially-

Correct Answer

[#720] Agreement is defined in Sec. . . . . . . . . of the Indian Contract Act, 1872.

Correct Answer