Contract Act Practice Questions for CLAT 2020

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Contract Act Practice Questions for CLAT 2020Question: Indentify the correct option in the following questions of Law of Contract using ordinary prudenceWhich of the following is an exception to the ‘privity’ ruleTrustFamily arrangements and marriage settlementsAcknowledgement and estoppelsAll the aboveAns. dRationale: privity to contract means only parties to contract have a right to sue in case of breach but when the third party to a contract is due to trust, family arrangement, estoppel etc. they can also exercise such right.When there are two obligations on each party to the contract at the time of the formation of the contract, it is calledUnilateral contractExecutory contractBilateral contractVoidable contractAns. cRationale: When there are two obligations on each party to the contract at the time of the formation of the contract, it is known as bilateral contractA contract implied by law is known asContingent contractQuasi contractExpressed contractImplied contractAns. dRationale: An implied contract is a legally-binding obligation that derives from actions, conduct, or circumstances of one or more parties in an agreement. It has the same legal force as an express contract, which is a contract that is voluntarily entered into and agreed on verbally or in writing by two or more parties.On the face of the ticket for a journey the words ‘for conditions see back’ are printed​​ in small print, the passengerMay not take note of the conditionsIs not bound by the conditionIs bound by the conditions whether he takes care to read them or notNone of the aboveAns. cRationale: the conditions are expressly written on the ticket thus passengers are bound by them.Where a corporation enters into a contract beyond the scope of the objects, such a contract is said to beIntra viresUltra viresUltimo viresInfra viresAns. bRationale: ultra vires means beyond the powersThe starting point of a contract isAgreementEnforceabilityPromiseProposalAns. dRationale: the contract begins with the valid offerSignifying willingness by A to B to do or abstain from doing something with a view to obtain the assent of B is calledContractProposalAgreementNone of the aboveAns. bRationale: According to the Indian Contract Act 1872, proposal is defined in Section 2 (a) as “when one person will signify to another person his willingness to do or not do something (abstain) with a view to obtain the assent of such person to such an act or abstinence, he is said to make a proposal or an offer.”Goods displayed in a supermarket with a price tag isProposalOfferInvitation to offerNone of the aboveAns. cRationale: Goods displayed in a supermarket with a price tag is an invitation to offer and not an offerWhen goods are displayed in a shop window with price tags attached to them the offer comes from theOfferor​​ Shop ownerGeneral publicCustomerAns. dRationale: Goods displayed in a supermarket with a price tag is an invitation to offer thus the offer comes from customerThe difference between an advertisement for sale and a proposal isEvery case will be viewed according to the circumstancesThat a proposal becomes a promise as soon as the party to whom it is made accepts it but an advertisement does notNo difference at allNone of the aboveAns. bRationale: advertisement to sale is similarly to invitation to offer and offer is the promise to perform the contractA notice in the newspapers inviting tenders isA proposal​​ An invitation to proposalA promiseAn invitation for negotiationAns. aRationale: notice in the newspapers inviting tenders is an invitation to offer and not an offer​​ An acceptance of an offer must be byOffereeOfferorAny person on behalf of the offereeAny person on behalf of the offerorAns. aRationale: acceptance of an offer is done by offeree​​ Which one of the following statements is correct?The objective of consideration for a contract is that the contracting partiesAre capable of performing the contractDo not require the Court’s intervention for the performances of the contractHave expressed their consent freelyHave intended that the contract should be attended with the legal consequencesAns. dRationale: the intention of the contracting parties should be to create legal obligations followed by a contract​​ A daughter promises to give maintenance to her uncle in consideration of her mother making a gift of certain properties to her. The daughter pleads lack of consideration when the uncle seeks to enforce the contract. She says that the uncle is a stranger to the consideration and so he cannot enforce the contract. The daughter​​ Will succeed because the uncle being a stranger to the consideration cannot enforce itWill not succeed because the uncle​​ is a near relative and in such cases consideration is not necessaryCannot succeed because according to the Indian Contract Act consideration might move from any personWill succeed because the uncle is a stranger to contractAns. cRationale: in Indian Contract Act there is no privity of consideration​​ An agreement made to sell a cargo of corn, which was not in existence at the time of contract isVoidable at the option of either partyA valid agreementA void agreementAn unenforceable agreementAns. bRationale: in a contract there can be consideration of past, present and future.    (function( $ ) { //footnotes $('.defaultNote').children(":first").css('cursor', 'pointer'); $('.defaultNote').children(":first").click(function(){ var gotoID = '#' + $(this).parent().attr('id'); $('html, body').animate( { scrollTop: $('a[href="' + gotoID + '"]').offset().top - 60, }, 250, 'linear' ) }); }(jQuery)); var numFormat = ",."; (function( $ ) { "use strict"; //do some cleaning on load var sortCells = $('td[data-sorting], th[data-sorting]'); sortCells.each(function(){ var first = $(this).text().trim().charAt(0); if (first == '@'){ var oldHTML = $(this).html(); var newHTML = oldHTML.replace('@', ''); $(this).html(newHTML); } }); function sortingTable(node, pos, ordBy){ var rows = node.children('tbody').children('tr').get(); rows.sort(function(a, b) { var X = $(a).children('td').eq(pos).text().toUpperCase(); var Y = $(b).children('td').eq(pos).text().toUpperCase(); if (numFormat != '.,'){ //we are dealing with a different locale and we need to do some //transformation in numbers X = convert2number(X); Y = convert2number(Y); } else { X = X.replace(/,/g, '').replace(/ /g, ''); Y = Y.replace(/,/g, '').replace(/ /g, ''); } var currencies = ['$', '¥', '£', '€']; var arrayLength = currencies.length; var XX = X; var YY = Y; for (var i = 0; i < arrayLength; i++) { XX = XX.replace(currencies[i], ''); YY = YY.replace(currencies[i], ''); } if (!isNaN(XX) && !isNaN(YY)){ var floatXX = parseFloat(XX); var floatYY = parseFloat(YY); return -(floatYY-floatXX) * ordBy; } else if (!isNaN(XX) && isNaN(YY)){ return -1 * ordBy; } else if (isNaN(XX) && !isNaN(YY)){ return ordBy; } else { if(X < Y) { return -1 * ordBy; } if(X > Y) { return 1 * ordBy; } return 0; } }); $.each(rows, function(index, row) { node.children('tbody').append(row); }); } function removeTableCellDecoration() { $("td[data-sorting], th[data-sorting]").removeClass('sortDecorator'); } //unbind the click event just in case we are loading more than one document $("td[data-sorting], th[data-sorting]").off('click'); $("td[data-sorting], th[data-sorting]").click(function(){ removeTableCellDecoration(); $(this).addClass('sortDecorator'); //get desired ordering var ordering = $(this).attr('data-sortOrdering'); if (ordering == 'ASC'){ var ordBy = -1; $(this).attr('data-sortOrdering', 'DESC'); } else { var ordBy = 1; $(this).attr('data-sortOrdering', 'ASC'); } var cellPosition = $(this).prevAll().length; var table = $(this).parents('table:first'); sortingTable(table, cellPosition, ordBy); }); function convert2number(str) { str = str.trim(); if (str.match(/^\d+/)) { //we have to take special care when the thousand separators are '.' var result_0 = str.replace(/\./g, '_@_'); var result_1 = result_0.replace(window.numFormat[0], '.'); var result = result_1.replace(/_@_/g, ''); result .replace(/ /g, ''); return result; } else { return str; } } }(jQuery));