Question 1

The original contract needs not to be performed, if there is

Accepted Answer

A) rescission of contract 
B) novation of contract 
C) alteration of contract 
D) all of the above 
A) rescission of contract 
B) novation of contract 
C) alteration of contract 
D) all of the above

Question 2

The promises forming consideration for each other are called

Accepted Answer

A) reciprocal promises 
B) mutual promises 
C) independent promises 
D) none of the above 
A) reciprocal promises 
B) mutual promises 
C) independent promises 
D) none of the above

Question 3

A contract is discharged by the breach when a party to a contract

Accepted Answer

A) refuses to perform his promise 
B) fails to perform his promise 
C) disables himself from performing his part of the promise 
D) all of the above 
A) refuses to perform his promise 
B) fails to perform his promise 
C) disables himself from performing his part of the promise 
D) all of the above

Question 4

Because of supervening event, the promisor is excused from the performance of the contract. This is known as

Accepted Answer

A) a doctrine of frustration 
B) an initial impossibility 
C) a doctrine of ultra-vires 
D) an operation of law 
A) a doctrine of frustration 
B) an initial impossibility 
C) a doctrine of ultra-vires 
D) an operation of law

Question 5

Intentional relinquishment of a right under the contract is called

Accepted Answer

A) a waiver 
B) a breach 
C) a rescission 
D) an alteration 
A) a waiver 
B) a breach 
C) a rescission 
D) an alteration

The original contract needs not to be performed, if there is

The promises forming consideration for each other are called

A contract is discharged by the breach when a party to a contract

Because of supervening event, the promisor is excused from the performance of the contract. This is known as

Intentional relinquishment of a right under the contract is called

Understanding the Indian Contract Act and Essential Elements of Contracts

Contract Law and Agreements: Understanding Consent, Capacity, and Legality

Contract Law and Restitution: Understanding Consideration, Offers, and Obligations

Sale of Goods Act

Sale of Goods Act and Contract Law

Contract, Guarantee, Bailment, Agency, and Consumer Protection Act

The Information Technology Act, Contract Law, and Consumer Protection

Digital Signature, Contracts, Competition, and Rti Act 2005

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Exam 2: Fundamentals of Contract Law: Acceptance, Validity, and Performance

The original contract needs not to be performed, if there is

The promises forming consideration for each other are called

A contract is discharged by the breach when a party to a contract

Because of supervening event, the promisor is excused from the performance of the contract. This is known as

Intentional relinquishment of a right under the contract is called

Understanding the Indian Contract Act and Essential Elements of Contracts

Contract Law and Agreements: Understanding Consent, Capacity, and Legality

Contract Law and Restitution: Understanding Consideration, Offers, and Obligations

Sale of Goods Act

Sale of Goods Act and Contract Law

Contract, Guarantee, Bailment, Agency, and Consumer Protection Act

The Information Technology Act, Contract Law, and Consumer Protection

Digital Signature, Contracts, Competition, and Rti Act 2005

Filters