Online Exam in Performance of Contract in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Performance of Contract-Test 6
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Subject : Mercantile Laws Questions : 30
Chapter :Performance of contract-Test 6
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When any partly makes any material alteration to the terms of contract, without the consent of the other party, the contract is ———-
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Question 2 of 30
2. Question
1 points
Material alteration is one which ————
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Question 3 of 30
3. Question
1 points
In which case the contract is not discharged on the ground of supervening impossibility:
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Question 4 of 30
4. Question
1 points
In which case the contract is discharged on the ground of supervening impossibility:
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Question 5 of 30
5. Question
1 points
Mr.A lends Rs.4,00,000 to Mr.B.He later tells B that he need not repay the amount, the contract is discharged by ———
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Question 6 of 30
6. Question
1 points
A undertakes to paint a picture for B. He dies before he paints the picture . the contract ———-
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Question 7 of 30
7. Question
1 points
If a war is declared between America and Iran:
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Question 8 of 30
8. Question
1 points
Recission means ———–
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Question 9 of 30
9. Question
1 points
Contracting parties may not be same in ————-
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Question 10 of 30
10. Question
1 points
If Mr.kumar knew the goods were destroyed by fire at the time of agreement ———
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Question 11 of 30
11. Question
1 points
Which of the following persons can perform the contract?
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Question 12 of 30
12. Question
1 points
Where the time for performance is not specified in the contract and the promisor himself has to perform without being asked by the promisee, then the promise ———-
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Question 13 of 30
13. Question
1 points
The term ‘Reciprocal promise’ is defined in ———–
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Question 14 of 30
14. Question
1 points
Ramu and Kalpana promise to marry each other. In this case there are ———
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Question 15 of 30
15. Question
1 points
The promises forming consideration each other. In this case there are ———-
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Question 16 of 30
16. Question
1 points
Where time is not the essence of the contract, failure to perform the contract within the fixed time makes the contract
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Question 17 of 30
17. Question
1 points
An obligation under a contract stands discharged by ——–
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Question 18 of 30
18. Question
1 points
Contract be discharged by impossibility of performance by ———–
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Question 19 of 30
19. Question
1 points
The original contract need not be performed if there is ———-
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Question 20 of 30
20. Question
1 points
To recover a debt the limitation period is ———
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Question 21 of 30
21. Question
1 points
Assignment by operation of law takes place by ———–
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Question 22 of 30
22. Question
1 points
Rights and obligations under a contract can be enforced only within a specified period known as ———
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Question 23 of 30
23. Question
1 points
If a promisor is declared insolvent, he is ———– all his liabilities incurred prior to his adjudication.
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Question 24 of 30
24. Question
1 points
When a new contract is substituted in place of an existing contract it called ———-
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Question 25 of 30
25. Question
1 points
In case discharge of contract by novation, the consideration for the new contract is ———–
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Question 26 of 30
26. Question
1 points
For discharge of a contract by novation, consent of which of the following is required:
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Question 27 of 30
27. Question
1 points
When a party under a voidable contract, decides to rescind the same, the other party is ———–
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Question 28 of 30
28. Question
1 points
A contract may be discharged by ——-
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Question 29 of 30
29. Question
1 points
On performance, a contract is ———–
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Question 30 of 30
30. Question
1 points
Discharge of contracts by implied consent does not include ——–