CA Foundation : Law - Performance of Contract Quiz

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Performance of Contract Quiz

1 / 15

Where a party to a contract fails to perform at or before a specified time and it was the intention of the parties that time should be of the essence,

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A owes B ₹ 1,000 but the debt is barred by the Limitation Act. A signs a written promise to B for ₹ 500 on account of the debt. This is a :

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A contracts with B to construct a building for a fixed price, B supplying the necessary timber. This reciprocal promise is :

4 / 15

A, a singer enters into a contract with B, the manager of a theatre to sing at his theatre two nights in every week during the next two months and B engages to pay her ₹ 100 for each night’s performance. On the sixth night, A wilfully absents herself from the theatre.

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Agreement by way of wager are ________.

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If neither the debtor nor the creditor appropriates the payment, the payment will be appropriated:

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Liability of the joint promisor is :

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A contract of personal nature can be performed by:

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A doctor teaching in a medical college pre-vented from doing private practice, such a restriction is :

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If the performance of contract becomes impossible because the subject matter of contract has ceased to exist then :

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A modification or revocation of the contract requires a ________ of each contracting party.

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If a contract is based on personal skill or confidence of parties, the death of a party in such a case:

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A and B contract to marry each other before the time fixed for the marriage. A goes mad. The contract becomes:

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A contracts to sing for B for a consideration of ₹ 5,000 which amount is paid in advance. A becomes unwell and is not able to perform. B suffers a loss of ₹ 10,000. A is liable to pay B ________.

15 / 15

A promises to deliver goods at B’s warehouse on the 1st January. On that day, A brings the goods to B’s warehouse but after the usual hour for closing it and they are not received. Which one of the following is correct?

Your score is

The average score is 80%

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Performance of Contract T/F

1 / 20

When a promisee neglects to give the promisor reasonable facilities for the performance of a promise, the promisor is still liable for performance.

2 / 20

Under the Contract Act the liability of joint promisors is joint as well as several.

3 / 20

A contract involving the exercise of personal skill, volition or credit can also be performed by an agent or a legal representative.

4 / 20

In a contract where time is the essence of the contract, if the promisor fails to perform in time, the contract becomes void.

5 / 20

A release of one promisor does not discharge the other joint promisors.

6 / 20

A debtor while making the payment expressly informs the creditor that the payment should be applied to particular debt, the creditor is not bound to do so.

7 / 20

The promisee may compel any one of the joint promisors to perform the promise.

8 / 20

A debtor sends a payment but the creditor refuses to accept it. Even then the debtor is not discharged from the debt.

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Performance of the contract may be made only by the parties to the contract.

10 / 20

If a party to a contract has promised to do certain things, at a particular time, and fails to do by that time, the contract shall become voidable at the option of the promisee.

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In case of joint promise by two or more persons, the promisee may compel any of such joint promisors to perform the whole of the promise.

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In the absence of the debtor’s intimation to the creditor regarding appropriation of a payment, the creditor can utilise the payment even towards payment of a time-barred debt.

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A legal representative of a deceased promisee can demand performance of a contract under all circumstances.

14 / 20

Payments made by a debtor are always appropriated in a chronological order.

15 / 20

When the promisee does not accept the offer of performance, the promisor is not responsible for the non-performance.

16 / 20

A promise under a contract can be performed by the promisor himself.

17 / 20

The burden of the contract cannot be assigned without the consent of the other party or parties of the contract.

18 / 20

If one of the joint promisors is made to perform the whole contract, he can ask for equal contribution from others.

19 / 20

If the promisees are joint, the right to claim performance is joint and not joint and several.

20 / 20

It is mixed question of law and fact whether time was the essence of the contract.

Your score is

The average score is 73%

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