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11th Standard English Medium Commerce Subject Discharge and Breach of a Contract Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    5 x 1 = 5
  1. On the valid performance of the contractual obligation by the parties, the contract __________

    (a)

    is discharged

    (b)

    becomes enforceable

    (c)

    becomes void

    (d)

    none of these

  2. An Agreement to do an Act impossible in itself under Section.56 is ___________

    (a)

    Void

    (b)

    Valid

    (c)

    Voidable

    (d)

    Unenforceable

  3. Any agreement which becomes impossible to perform under various circumstances ____________

    (a)

    Voidable

    (b)

    Void

    (c)

    Valid

    (d)

    None of these

  4. Discharge by Mutual Agreement may involve ________.

    (a)

    Novation

    (b)

    Rescission

    (c)

    Alteration

    (d)

    All of the above

  5. The compensation given for breach of contract is _____________

    (a)

    Damage

    (b)

    Remuneration

    (c)

    Money

    (d)

    Cheque

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