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The person making the offer is known as offeror or promisor and to whom it is made is known as Acceptor Acceptor for honour Offeree

The person making the offer is known as offeror or promisor and to whom it is made is known as

Acceptor

Acceptor for honour

Offeree or promise

Contracting party

Which of the following is incorrect ?

Consideration must be something which the promise is aleady under a duty to do

Consideration must be valuable in the eye of the promisor

Consideration must be which the promise wants to do voluntarily

All of the above

The consideration is to be moved some-time after the formation of a contract, it is known as "

present consideration

Executor consideration

Past consideration

Executed consideration

Obligation of a person enjoying benefit of nongratuitous act arises in respect of

Lawful acts only

Illegal acts only

Either (a) nor (b)

Both (a) and (b)

A, a singer, agreed with B to perform at his theatre for two months, on a condition that during that period, he would not perform anywhere else, B could move to the Court for"

grant of injunction restraining A from performing in other places

specific performance

allowing B to perform in other places

all of the above

Quantum Meruit means

a non-gratuitous promise

as gratuitous promise

as much as is earned

as much as is paid

Coercion and Under Influence, involve physical force or threat."

True

Partly True

False

None of the above

threatening to commit any act forbidden by IPC amounts to coercion under Section 15, if such act is done with the intention of"

causing the other party to enter into contract

injuring the other party

causing loss to the other party

All of the above

A contract is said to be made without consent when the contract is caused by

Coercion

Undue influence

Fraud

Bilateral Mistake of fact

A, Hindu widow, was forced to adopt B under threat that her husband s deadbody would not be allowed for funeral unless she adopts B. the adoption is void-able since the consent is caused by"

Undue Influence

Coercion

Fraud

Mistake

A desires B, who owes him Rs 100 , to send him a note for Rs 100 by post. B puts into the post a letter containing the note duly addressed to A."

The debt is discharged as soon as B posts a letter addressed to A

The debt is not discharged even if B posts the letter containing the note duly addressed to A

The debt is discharged as soon as B posts the letter containing the note duly addressed to A

None of the above

"When three person have made a joint promise, then, unless a contrary intention appears from the contract, the promise shall be performed, after the death of the last survivor"

By the Representatives of all the Promisors jointly

By the Representatives of a majority of the Promisors

By the Representative of any one of the Promisors

Any one of the above

If the promise is to be performed on a specified day, the Promisor may perform the promise"

at any time on that specified day

at any time during the usual hours of business on the specified day

at any time on any day

after the usual hours of business on the specified day

Neither party should have interest in the happening or non-happening of the event other than

His goodwill

The sum he stands to win or loss

Neither (a) nor (b)

Both (a) and (b)

A contract is not contingent contract

If the event is bound to happen

If the promisor has control over the event

If the event is a part of the promise of the contract

All of the above

An agreement which in restraint of marriage is void if the restraint is

Complete only

Partial only

Complete or partial

Approved by parties

Which one of the following is a void agreement?

An agreement without consideration

An agreement in restraint of marriage

An agreement in restraint of trade

All of the above

Anticipatory Breach may take place

Expressly

Impliedly

Either (a) nor (b)

Neither (a) nor (b)

Which of the following is incorrect?

Impossibility to perform promise discharges the contract

merger discharges the contract

Initial impossibility discharges the contract

All of the above

A bill of exchange which was accepted by B, reaches B s hands after being negotiated and endorsed through several other parties. The contract is"

Void

Discharged

Cancelled

Void ab initio

A promises to pay an existing debt punctually if, B, the creditor, gives him a discoint. Is this consideration valid ? "

"Yes , it is genuine consideration"

"No , Promisor is already bound to pay punctually"

"No, inadequate consideration"

"Yes , enforceable consideration"

Which of the following is correct ?

"Consideration may be past, present but not future"

A contract is void if the considerationis inadequate

Acceptance to lesser sum in satisfaction of payment of a larger sum is valid in spite of inadequate consideration

A stranger to contract can enforce the contract

Note: Each option should be correct bcz its my last project and all need ans asap Kindly give this question to the right people and its Business law

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