Where the order in which reciprocal promises are to be performed is expressly fixed by the contract, they shall be performed in that order; and where the order is not expressly fixed it shall be performed:

Where a contract consists of reciprocal promises and such reciprocal promises are to be simultaneously performed:

A

Promisor need not perform his part of promise at all

B

Promisor need not perform his part of promise unless promise is ready and willing to perform his reciprocal promise

C

Promisor has to compel promise to perform his promise first

D

There is no valid contract at all

A' and 'B' contract that 'A' shall build a house for 'B' at a fixed price. The order in which reciprocal promises are to be performed was not fixed. What shall be the order of performance?

A

A's promise to build the house must be performed before B's promise to pay for the house

B

B's promise to pay for the house must be performed before A's promise to build the house

C

A & B should perform their promise Simultaneously

D

None of the above

By a contract there are two sets of promises, with one set of promises being legal, and other set of promises being illegal. In view of the statement, which one of the following is correct?

A

There can be such a contract vide Section 23 of the Indian Contract Act

B

There can be such a contract, but the contract will only be for the legal set and not for the illegal set of promises vide Sections 57 and 58 of the Indian Contract Act

C

The contract as a whole will be enforceable at the option of the buyer and not the seller

D

There can be a contract of two set of promises, with one set of promises being legal and the other set of promises being illegal, provided both the set of promises are a commercial contract and the monetary value of the illegal set of promises is reduced from the value of the legal set of promises, and enforcement is only for the net value

Which of the following statements are true?
(1) Minor's contract can be ratified on attaining majority.
(2) Minor's contract cannot be ratified on attaining majority.
(3) Minor's contract can be ratified jointly by both the parties to the contract.
(4) Minor is not liable under minor's contract.
(5) Minor's contract is an enforceable contract.

A

1 and 3

B

5 and 2

C

2 and 4

D

2 and 3

E

3 and 4

A contract is said to be discharged by rescission: A. When terms of a contract are altered B. When a party makes novation of a contract C. When an aggrieved party exercises his option to avoid the contract D. When a party to a contract waives his rights under the contract E. Where none of the parties has performed its part for a long time and no other party has objected against it Choose the correct answer from the options given below:

A

A, D and E only

B

B, C and E only

C

C and E only

D

B and D only

Which of the following statements are not true in relation to employment of contract labour in any establishment?
1. Supreme Court can abolish contract labour system in any establishment.
2. High Court can abolish contract labour and prohibit the principal employer from engaging contract labour where the government has not abolished the same.
3. An appropriate government and not the court can prohibit the employment of contract labour as per the provisions of law.
4. Neither the court nor the appropriate government can abolish the contract labour in any establishment.

A

1 and 2

B

1, 2 and 4

C

1, 2 and 3

D

All of the above

Following is/are essentialt(s) of valid contract as per Indian Contract Act, 1872.
(1) Parties to contract should have capacity to contract.
(2) Parties to contract should have legal mind.
(3) Parties to contract should be intelligent.
(4) Invitation to offer should be accepted.
Find correct answer:

A

Only (1) and (4) are correct

B

Only (1) is correct

C

All of above are correct

D

Only (2) is correct

E

None of these

The gypsys are a tribe of strange people. They do not have any fixed home but wander about from place to place and live in tents. they were originally natives of India. But as they reached England from Egypt ,the English took them from Egyptians. this is why they came to be called gypsys. they were beloved to possess strange powers. they could tell your fortune by reading the palm of your hand. it was thought they stole little children to train them in their way of life. whenever a child got lost it was thought that it has been carried away by gypsys so they were arrested and sent for trial. but this attitude towards the Gypsy has gradually changed.The gypsies are people who ---

A

have a settled way of life

B

came originally from Egypt to England

C

are always on the move

D

steal children to train them in the way of life

Which of the following statements are true/false?
1. The Societies Registration Act, 1860 shall not apply to any registered Trade Union, and the registration of any such Trade Union under any such Act shall be void.
2. Trade Unions may be temporary or permanent.
3. Workmen means all persons employed in trade or industry whether or not in the employment of the employer with whom the trade dispute arises.
4. Every registered Trade Union shall be a body corporate by the name under which it is registered, and shall have perpetual succession and a common seal with power to acquire and hold both movable and immovable property and to contract, and shall by the said name sue and be sued.

A

1, 2, 3 and 4 are true

B

1, 3 are true and 2, 4 are false

C

2, 4 are true and 1, 3 are false

D

3, 4 are true and 2, 1 are false

Contract Act- Give Correct response A Promises B to drop a prosecution which he has instituted against B for robbery and B promises to restore the value of the things taken

A

The agreement is voidable at the option of B

B

The agreement is void as its object is unlawful because it would defeat the provisions of law

C

The agreement is a valid contract and can be enforced

D

The agreement is voidable at the option of 'A'

Where the order in which reciprocal promises are to be performed is expressly fixed by the contract, they shall be performed in that order; and where the order is not expressly fixed it shall be performed:

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