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Test: Breach Of Contract- 2


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15 Questions MCQ Test Business Laws for CA Foundation | Test: Breach Of Contract- 2

Test: Breach Of Contract- 2 for CA Foundation 2022 is part of Business Laws for CA Foundation preparation. The Test: Breach Of Contract- 2 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Breach Of Contract- 2 MCQs are made for CA Foundation 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Breach Of Contract- 2 below.
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Test: Breach Of Contract- 2 - Question 1

Damages which an aggrieved party claim besides general damages for any loss he has suffered owing to special circumstances known to both the parties at the time of signing the contract are known as :

Test: Breach Of Contract- 2 - Question 2

 In case of anticipatory breach of contract, the aggrieved party may treat the contract:

Test: Breach Of Contract- 2 - Question 3

__________ damages are awarded to establish a right of decree for the breach of contract. 

Test: Breach Of Contract- 2 - Question 4

In case of deterioration caused due to delay in transit the damages can be recovered, even without any notice, from ___________.

Test: Breach Of Contract- 2 - Question 5

Which of the following statements is incorrect?

Test: Breach Of Contract- 2 - Question 6

Ordinary damages are Claimed on breach of a Contract.

Test: Breach Of Contract- 2 - Question 7

Suman, age of 17 year, enter into a contract for the sale of property but breaches the contract before performance. Can buyer file any claim in this condition?

Test: Breach Of Contract- 2 - Question 8

In which of the following cases a claim is not enforceable on the ground of quantum meruit?

Test: Breach Of Contract- 2 - Question 9

Breach of contract on the due date is known as:

Test: Breach Of Contract- 2 - Question 10

A fair and genuine pre-estimated sum of damages likely to result due to breach of contract is termed as 

Test: Breach Of Contract- 2 - Question 11

The phrase “Quantum Meruit” Literally means :

Detailed Solution for Test: Breach Of Contract- 2 - Question 11

Quantum meruit is a Latin phrase meaning "what one has earned". In the context of contract law, it means something along the lines of "reasonable value of services".

Test: Breach Of Contract- 2 - Question 12

 

N chartered M’s ship and agreed to load it with a cargo in Orissa within 50 days. N was unable to supply the cargo but M continued to demand it. Meanwhile war broke out, rendering the performance impossible. In such a case:  

Test: Breach Of Contract- 2 - Question 13

 In case of anticipatory breach, where the promisee elects to keep the contract alive, if during the time the contract remains open, some event happens discharging the promisor from his liability, the contract becomes : 

Test: Breach Of Contract- 2 - Question 14

In a breach of promise to marry ______ may be awarded.

Test: Breach Of Contract- 2 - Question 15

Which one of the following is relevant in normal circumstances in determining the amount of damages from breach of contract ?

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