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

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

A promise to paint a picture for B. This contract will be performed by _______.

(a)

Agent

(b)

Legal representative

(c)

Promisor by himself

(d)

Promisee by himself

Every promise and every set of promises, forming the consideration for each other is an______

(a)

agreement

(b)

contract

(c)

offer

(d)

acceptance

Promises which form the consideration or part there of for each other under section 2(F) are called______

(a)

acceptances for different proposals

(b)

agreements

(c)

reciprocal promises

(d)

consideration

Void agreement signifies_______

(a)

agreement illegal in nature

(b)

agreement not enforceable by law

(c)

agreement violating legal procedure

(d)

agreement against public policy

When a party to a contract transfers his contractual rights to another, it is known as________________.

(a)

rescission of contract

(b)

waiver of contract

(c)

discharge of contract

(d)

assignment of contract

Assignment by operation of law takes place_______.

(a)

by the mutual consent of the parties

(b)

by the will of either party

(c)

when the subject matter of a contract ceases to exist

(d)

by the death of a party to a contract

Atender of an instalment when the contract stipulates payment in full is a valid tender. The statement is______________.

(a)

True

(b)

False

(c)

None of these

Where the debtor does not intimate, the creditor has the right to appropriate payment to a time-barred debt. This Statement is____________.

(a)

Ttue

(b)

False

(c)

None of these