Contract Law (CLAT Legal-Aptitude): Questions 49 - 50 of 97

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Question number: 49

» Contract Law

MCQ▾

Question

Which of the following is incorrect for reciprocal promises?

Choices

Choice (4) Response

a.

When a contract consists of reciprocal promises to be simultaneously performed, no promisor need perform his promise unless the promisee is ready and willing to perform his reciprocal promise.

b.

Where the order in which reciprocal promises are to be performed is expressly fixed by the contract, they shall be performed in that order, and where the orders is not expressly fixed by the contract, they shall be performed in that order which is agreeable to both parties.

c.

When a contract contains reciprocal promises and one party to the contract prevents the other from performing his promise, the contract becomes voidable at the option of the party so prevented; and he is entitled to compensation from the other party for any loss which he may sustain in consequence of the non-performance of the contract.

d.

Question does not provide sufficient data or is vague

Question number: 50

» Contract Law

Appeared in Year: 2014

MCQ▾

Question

PRINCIPLE: When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal. The expression of willingness/desire results in a valid proposal only when it is made/addressed to some person (s).

FACTS: `X’ makes the following statement in an uninhabited hall: ’I wish to sell my mobile phone for Rs. 1, 000. ’

Which of the following derivations is CORRECT?

Choices

Choice (4) Response

a.

`X’ made a statement that resulted in an agreement

b.

`X’ made a statement that resulted in a proposal

c.

`X’ made a statement that did not result in any proposal

d.

`X’ made a statement that resulted in a promise

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