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11th Commerce - Performance of Contract Model Question Paper Question Bank Software Dec-14 , 2019

Performance of Contract

11th Commerce - Performance of Contract Model Question Paper

Performance of Contract Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5

  1. On the valid performance of the contractual obligations by the parties, the contract ____________

    (a)

    Is discharged

    (b)

    Become enforceable

    (c)

    Becomes void

    (d)

    Becomes legal

  2. Which of the following persons can perform the contract?

    (a)

    Promisor alone

    (b)

    Legal representatives of promisor

    (c)

    Agent of the promisor

    (d)

    All of these

  3. A, B, C jointly promised to pay Rs. 50,000 to D. Before performance of the contract, C dies. Here, the contract ______________

    (a)

    Becomes void on C's death

    (b)

    Should be performed by A and B along with C's legal representatives.

    (c)

    Should be performed by A and B alone

    (d)

    Should be renewed between A, B and D

  4. Which of these parties cannot demand performance of promise?

    (a)

    Promisee

    (b)

    Any of the joint promisees

    (c)

    On the death of a promisee, his legal representative

    (d)

    Stranger to the contract

  5. A person is said to be a third person if he is not a ____________

    (a)

    Promisor

    (b)

    Promise

    (c)

    Agent

    (d)

    Legal representative

    6. 5 x 2 = 10

  6. State the ways of performing a contract?

  7. Who is a Legal Representative?

  8. Who is an Agent?

  9. What is meant by Reciprocal Promise?

  10. By whom must contracts be perfomed?

    11. 5 x 3 = 15

  11. What is a valid tender?

  12. Who can execute and perform a contract?

  13. Write a note on the benefits of Reciprocal Promise.

  14. Who is a Joint Promisors?

  15. Explain the term Devolution of Joint Rights

    16. 4 x 5 = 20

  16. Elucidate the provision regarding time as factor in performance.

  17. State with illustrations the provisions of Indian contract Act relating to devolution of joint rights and liabilities?

  18. Explain the types of Reciprocal Promises.

  19. Describe the legal provisions regarding time, place, and manner of performance of a contract?

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