Test: Performance Of Contract- 1


30 Questions MCQ Test Mercantile Law for CA CPT | Test: Performance Of Contract- 1


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This mock test of Test: Performance Of Contract- 1 for CA Foundation helps you for every CA Foundation entrance exam. This contains 30 Multiple Choice Questions for CA Foundation Test: Performance Of Contract- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Performance Of Contract- 1 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Performance Of Contract- 1 exercise for a better result in the exam. You can find other Test: Performance Of Contract- 1 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

The original contract need not be performed if there is: 

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QUESTION: 2

Novation requires : 

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QUESTION: 3

A contract can be discharged by: 

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QUESTION: 4

A servant is employed for one year on a monthly salary of Rs. 1800, the whole salary to be paid at the end of the year. The servant wrongfully leaves the service after six months. Is he entitled to any salary?

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QUESTION: 5

A lets out a theatre to B for a series of drama for certain days. The theatre was completely destroyed by fire before the scheduled dates. In the case :

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QUESTION: 6

 A mother owes Rs. 10,000 to her daughter. But this debt has become barred by the Limitation Act. The mother signs a written promise to pay Rs. 3,000 on account of the debt. In such a case which one is correct : 

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QUESTION: 7

 X and Y contract that Y shall build a house for X Rs. 20 Lacs. Y is ready and willing to construct the house but X prevents him from doing so. In such case: 

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QUESTION: 8

 In contracts of sale of movable properties, time is:

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QUESTION: 9

X sold rice to Y by sample and Y thinking that they were old rice purchased them, but the rice was new. In this case:

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QUESTION: 10

Incase of death of a joint promisor (s), the promisee can : 

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QUESTION: 11

 Where the performance of a promise by one party depends on the prior performance of promise by the other party, such reciprocal promises fall under the category of : 

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QUESTION: 12

A contract of personal volition is not performed by: 

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QUESTION: 13

 Which of the following contract is not discharged by frustration ?

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QUESTION: 14

 Suppose the time fixed for performance of the contract has expired but the time is not essential. What is the remedy of the promisee in this case:

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QUESTION: 15

 If a new contract is substituted in place of an existing contract it is called: 

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QUESTION: 16

A, B and C jointly promised to pay Rs. 60,000 to D. Before performance of the contract C dies. The contract

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QUESTION: 17

Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:

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QUESTION: 18

Impossibility existing subsequent to the formation of contract is called_____________.

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QUESTION: 19

A agrees to pay Rs. 10,000 to B after 2 years. During this period B dies. After 2 years, B’s son C claims the amount from A. C’s claim is __________

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QUESTION: 20

 If no time is specified for performance of contract, it must be performed within a reasonable time. “Reasonable time” means time______

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QUESTION: 21

Reciprocal promises are _______________.

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QUESTION: 22

Which of the following is not applicable in relation to performance of reciprocal promises?

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QUESTION: 23

A holds a house under a lease agreement. Subsequently he buys the house and becomes the owner of the house. The contract is discharged by 

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QUESTION: 24

Contractual impossibilities are known as?

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QUESTION: 25

 The process by which one person succeeds rights interest and benefits and obligations of another person is termed as:-

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QUESTION: 26

 Acceptance of consideration lesser than that agreed is known as _______.

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QUESTION: 27

 A promises to paint a picture for B by a certain date for a certain amount. A dies before painting the picture. Which one of the following is correct in such a situation?

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QUESTION: 28

 The original contract need not be performed if there is :

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QUESTION: 29

 “Novation” means ________

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QUESTION: 30

 _________ of a contract takes place when all or some of the terms of the contract are cancelled.

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