Test: Performance Of Contract- 2 - CA Foundation MCQ

Commercial Impossibility does not make the contract _________.

 Rescission of a voidable contract is communicated and revoked in the same manner as the communication of revocation of : 

When an inferior right accruing to a party in a contract merges into a superior right accruing to the same party, then : 

If time is the essence of a contract and the promisor fails to perform the contract by the specified time. The contract: 

R contracts to sell his car to S for Rs. 7 Lacs and S agrees to pay on delivery. Once the car is delivered to S and S pays Rs. 7 Lacs, Contract comes to an end. This is called: 

Reasonable time for performance of contract is a : 

W, a singer enters into a contract with M, the manager of a theatre, to sing at his threatre for two nights in every week during the next two months and M engages to pay her Rs. 5 Lacs for each night’s performance. On the 7th night, W willfully absents herself from the theatre :

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

A enters into a contract with B for dancing at his theatre for three nights for a fee of Rs. 2,00,000. A dances for two nights and is faller ill. What remedy is available to B?

 Whether time is the essence of the contract depends on the :

The right of joint promises to demand performance is: 

 X owes Y two sums, one for Rs. 2,000 which is barred by Limitations and another for Rs. 2,500 which is not barred. X pays Y Rs. 1,000 on account generally. Latter Y sues for Rs. 2500. X pleads: 
(i) As to Rs. 2,000 that it was time barred, and 
(ii) As to Rs. 2,500 a part payment of Rs. 1,000 

A contract entered between promiser and promise becomes impossible to perform due to the destruction of the subject matter. In this case

 In a contract where personal consideration is not the foundation of the contract, the contract may be performed by:

 X contract with Y to sell his imported car for Rs. 50,000. Later on both the parties decide not be honour the deal. This is a case of discharge of contract by 

 If time is the essence of a contract and it is not performed within specified time then______

“Novation” means ________

 Commercial Impossibility does not make the contract _________.

X paid to Y Rs. 7, 00,000 for purchases of a flat. Y promised to give possession of the flat after one year. Y’s promise to give the possession is:

 Impossibility existing subsequent to the formation of contract is called_____________.

Brown promises to sell his house to Crown for Rs. 20,00,000. Later on both of them agreed not to execute the deal; this is known as:-

Supervening impossibility is related to:-

Contract can be discharged by:

___________ of a Contract taken place when all or some of the terms of the contract are cancelled.

 Amar promises to paint a picture for Rambabu. Here, the promise must be performed by Amar himself because the Contract ________

 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. 

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