Topics of Law Test 48

Result

Topics of Law Test 48

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

If no time is specified for performance, the promise must be performed within ______.

A
Unreasonable time

B
Reasonable time

C
Six months from the date of contract

D
One year from the date of contract

Solution

Section 46 of the Indian Contract Act, 1872 deals with a situation where time for performance of contract is not specified. If a promise is to be performed without any application from the promisor and no time for its performance has been specified, it must be performed within reasonable time.
Question 2
1 / -0

When a contract consists of reciprocal promises to be simultaneously performed, such reciprocal promises fall under the category of _______.

A
Mutual and concurrent

B
Conditional and dependent

C
Mutual and independent

D
None of the above
Question 3
1 / -0

A, B & C jointly promised to pay Rs. 60,000 to D. Before performance of the contract, C dies. Here, the contract ______.

A
Becomes void on Cs death

B
Should be performed by A and B along with C's legal representatives

C
Should be performed by A and B alone

D
Should be renewed between A, B and D
Question 4
1 / -0

If two or more persons have made a joint promise, they are known as _____.

A
Joint venturer

B
Joint promise

C
Joint partners

D
Joint promisors
Question 5
1 / -0

A, B & C jointly promise to pay D Rs. 6,000. Which of the following is correct?

A
D may compel first A to pay him Rs. 6,000.

B
D may compel first A to pay him Rs. 6,000. If A does not pay, then to B.

C
D may compel first A to pay him Rs. 6,000. 1f A does not pay, then to B and if B also does not pay, then to C.

D
D may compel all or any of them to pay him Rs. 6,000.
Question 6
1 / -0

Ram and Rahim are joint promisors. Promise is discharged by one of the joint promisors. Then ______.

A
Both of them discharged from liability

B
Ram is discharged from liability

C
Rahim is not discharged from liability towards Ram

D
Promise comes to an end
Question 7
1 / -0

Directions For Questions

A void contract does not provide any legal remedy for the parties to the contract. They even cannot get if performed when they so desire. The aggrieved party in a voidable contract gets a right to rescind the contract. When such party rescinds it, the contract becomes void. In case aggrieved party does not rescind the contract within a reasonable time, the contract remains valid.

...view full instructions

In case aggrieved party does not rescind the voidable contract within a reasonable time, the contract remains ____________.

A
voidable

B
void

C
valid

D
illegal
Question 8
1 / -0

Agreement-the meaning of which is uncertain is _________________.

A
valid

B
void

C
voidable

D
illegal
Question 9
1 / -0

In commercial transactions, time is considered to be of the essence of the contract, and if the party fails to perform the contract within specified time, the contract becomes _____.

A
Voidable at the option of the other party

B
Void and cannot be enforced

C
Illegal for non-compliance of legal terms

D
Enforceable in higher court only
Question 10
1 / -0

In case of reciprocal promises, which is not applicable?

A
They can be performed simultaneously

B
They cannot be performed simultaneously

C
They can be fixed by the parties to the contract

D
As depending upon the nature of the contract

Solution

The Indian Contract Act, 1872, provides for the law on reciprocal promises in Sections 51-58. Section 51 states that reciprocal promises can be performed simultaneously. Hence, option B is not applicable.

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Topics of Law Test 48

Result

Topics of Law Test 48

Score

-

Rank

-

SHARING IS CARING

Question 1

Unreasonable time

Reasonable time

Six months from the date of contract

One year from the date of contract

Solution

Question 2

Mutual and concurrent

Conditional and dependent

Mutual and independent

None of the above

Question 3

Becomes void on Cs death

Should be performed by A and B along with C's legal representatives

Should be performed by A and B alone

Should be renewed between A, B and D

Question 4

Joint venturer

Joint promise

Joint partners

Joint promisors

Question 5

D may compel first A to pay him Rs. 6,000.

D may compel first A to pay him Rs. 6,000. If A does not pay, then to B.

D may compel first A to pay him Rs. 6,000. 1f A does not pay, then to B and if B also does not pay, then to C.

D may compel all or any of them to pay him Rs. 6,000.

Question 6

Both of them discharged from liability

Ram is discharged from liability

Rahim is not discharged from liability towards Ram

Promise comes to an end

Question 7

voidable

void

valid

illegal

Question 8

valid

void

voidable

illegal

Question 9

Voidable at the option of the other party

Void and cannot be enforced

Illegal for non-compliance of legal terms

Enforceable in higher court only

Question 10

They can be performed simultaneously

They cannot be performed simultaneously

They can be fixed by the parties to the contract

As depending upon the nature of the contract

Solution

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.