New ! Commerce MCQ Practise Tests



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

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. Which of the following is the usual law remedy?

    (a)

    Injunction

    (b)

    Specific Performance

    (c)

    Damages

    (d)

    Penalty

  2. If a contract contains an undertaking to perform an impossibility, the contract is________.

    (a)

    void ab initio

    (b)

    void

    (c)

    voidable at the option of the plain tiff

    (d)

    is voidable

  3. An agreement to do an act impossible in itself______________.

    (a)

    is void

    (b)

    is voidable

    (c)

    is void ab initio

    (d)

    becomes void when impossibility is discovered

  4. If a new contract is substituted in place of an existing contract it is called______________.

    (a)

    alternation

    (b)

    rescission

    (c)

    novation

    (d)

    waiver

  5. A lends Rs.500 to B. He later tells B that he need not repay the amount, the contract is discharged by______________.

    (a)

    breach

    (b)

    waiver

    (c)

    novation

    (d)

    performance

*****************************************

Reviews & Comments about 11th Standard English Medium Commerce Subject Discharge and Breach of a Contract Creative 1 Mark Questions with Solution Part - I

Write your Comment