Indian Contract Act - Study Mode

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[#1086] Where the rate of interest prescribed in case of breach is too high, the Court can interfere

(A) On the proof of coercion

(B) On the proof of undue influence

(C) On the satisfaction that the stipulation is by way of penalty

(D) On the ground of equity

Correct Answer

(C) On the satisfaction that the stipulation is by way of penalty

[#1087] The obligation to restore advantage in a void agreement is provided by

(A) Section 65 of the Indian Contract Act, 1872

(B) Section 60 of the Indian Contract Act, 1872

(C) Section 63 of the Indian Contract Act, 1872

(D) Section 68 of the Indian Contract Act, 1872

Correct Answer

(A) Section 65 of the Indian Contract Act, 1872

[#1088] Match List I containing with List II containing the important principles used in deciding these cases and choose the correct options from the given below: List-I List-II a. Durga Prasad v. Baldeo 1. The other party has done nothing in response to unilateral promise and hence no consideration. b. Abudl Aziz v. Masum Ali 2. No stranger to the consideration can take advantage of a contract, although made for his benefit. c. Dutton v. Poole 3. Act was not done at the desire of the promisor and hence no consideration. d. Tweddle v. Atkinson 4. The agreement may be enforced by the third person for whose benefit the agreement was made.

(A) a-3, b-2, c-1, d-4

(B) a-1, b-3, c-4, d-2

(C) a-3, b-1, c-4, d-2

(D) a-4, b-1, c-2, d-3

Correct Answer

(C) a-3, b-1, c-4, d-2

[#1089] When a sub-contractor had under-taken some part of the work in connection with the project which was entrusted to contractor, he cannot be treated as

(A) Agent

(B) sub-agent

(C) Sub-contractor

(D) None of the above

Correct Answer

(B) sub-agent

[#1090] In a contract consideration could be supplied by . . . . . . . . :

(A) Only the promisee

(B) Even the promisor

(C) Only by parties to contract

(D) Even strangers to contract

Correct Answer

(D) Even strangers to contract