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11th Standard English Medium Commerce Subject Performance of 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 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

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