A. Void
B. Valid
C. Voidable
D. Contingent
✅ The correct answer is option A.
114. An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public policy.
A. Trading with an enemy
B. Trafficking in public offices
C. Marriage brokerage contracts
D. Contracts to do impossible acts
✅ The correct answer is option D.
132. On the valid performance of the contractual obligations by the parties, the contract;
A. Is discharged
B. Becomes enforceable
C. Becomes void
D. None of these
✅ The correct answer is option A.
131. Which of the following persons can perform the contract?
A. Promisor alone
B. Legal representatives of the Promisor
C. Agent of the Promisor
D. All of these
✅ The correct answer is option D.
130. A, B and C jointly promised to pay Rs.6000 to D. Before the 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
✅ The correct answer is option B.
129. A contract is discharged by novation which means the;
A. Cancellation of the existing contract
B. Change in one or more terms of the contract
C. Substitution of existing contract for a new one
D. None of these
✅ The correct answer is option C.
128. A contract is discharged by recission which means the;
A. Change in one or more terms of the contract
B. Acceptance of lesser performance
C. Abandonment of rights by a party
D. Cancellation of the existing contract
✅ The correct answer is option D.
127. When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as:
A. Abandonment of a contract
B. Remission of contract
C. Actual breach of contract
D. Anticipatory breach of contract
✅ The correct answer is option D.
126. In case of anticipatory breach, the aggrieved party may treat the contract;
A. As discharged and bring an immediate action for damages
B. As operative and wait till the time for performance arrives
C. Exercise option either (a) or (b)
D. None of these
✅ The correct answer is option C.
125. In case of breach of contract, which of the following remedy is available to the aggrieved party?
A. Suit for recission
B. Suit for damages
C. Suit for specific performance
D. All of these
✅ The correct answer is option D.