1151. A contract is discharged by novation which means the; October 4, 2025 by Admin 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 ā The correct answer is option C.
1152. A, B and C jointly promised to pay Rs.6000 to D. Before the performance of the contract, C dies. Here the contract; October 4, 2025 by Admin A. Becomes void on Cās death B. Should be performed by A and B along with Cās legal representatives C. Should be performed by A and B alone D. Should be renewed between A, B and D ā The correct answer is option B.
1153. Which of the following persons can perform the contract? October 4, 2025 by Admin A. Promisor alone B. Legal representatives of the Promisor C. Agent of the Promisor D. All of these ā The correct answer is option D.
1154. On the valid performance of the contractual obligations by the parties, the contract; October 4, 2025 by Admin A. Is discharged B. Becomes enforceable C. Becomes void D. None of these ā The correct answer is option A.
1155. An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public policy. October 4, 2025 by Admin A. Trading with an enemy B. Trafficking in public offices C. Marriage brokerage contracts D. Contracts to do impossible acts ā The correct answer is option D.
1156. Which of the following statement is true? October 4, 2025 by Admin A. Consideration must result in a benefit to both parties B. Past consideration is no consideration in India C. Consideration must be adequate D. Consideration must be something which a promisor is not already bound to do ā The correct answer is option D.
1157. An offer may lapse by October 4, 2025 by Admin A. Revocation B. Counter Offer C. Rejection of offer by offeree D. All of these ā The correct answer is option D.
1158. In case of illegal agreements the collateral agreements are October 4, 2025 by Admin A. Valid Contract B. Void Contract C. Voidable Contract D. None of these ā The correct answer is option B.
1159. Which is the following is false? An acceptance: October 4, 2025 by Admin A. Must be communicated B. Must be absolute and unconditional C. Must accepted by a person having authority to accept D. May be presumed from silence of offeree ā The correct answer is option D.
1160. When the consent of a party is not free, the contract is: October 4, 2025 by Admin A. Void B. Voidable C. Valid D. Illegal ā The correct answer is option B.