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Breach Of Contract

20 Questions  I  By Sweetsalman123
Breach Of Contract
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No. Of Questions to be Answered : Random 20 out of 55
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Question Excerpt

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1.  An anticipatory breach of contract does not give any right to claim compensation.
A.
B.
2.  The breach of contact occurs when a party
A.
B.
C.
D.
3.  There occurs an when prior to the due date of performance, promisor absolutely refuses to perform the contract.
A.
B.
C.
D.
4.  The 'earnest money' is a part of purchase price and in advance and is liable to be forfeited. Whereas, the security deposit is refundable and not liable to be forfeited.
A.
B.
5.  Which of the following statement is incorrect?
A.
B.
C.
D.
6.  Exemplary or vindictive damages are punitive in nature and as a rule these are a not awarded by the courts, 
A.
B.
7.  When on the due date of performance or during the performance, a party fails to perform his obligation, it is known as
A.
B.
C.
D.
8.  ________________ incorporates the doctrine of  anticipatory breach
A.
B.
C.
D.
9.  A contracted to supply 100 bags of rice to B on 30.12.06. Before the due date of performance (i.e., 30th December,2006), A informed B that he will not supply any rice to B as contracted. In this case,
A.
B.
C.
D.
10.  Where a party is entitled to claim compensation in proportion to the work done by him, it is possible by way of
A.
B.
C.
D.
11.  Anticipatory breach is the repudiation of the contract
A.
B.
C.
D.
12.  Which of the following statement is correct?
A.
B.
C.
D.
13.  In case of breach of a contract for the sale of goods, the measure of damages is the difference between the contract price and market price on the date of
A.
B.
C.
D.
14.  The doctrine of anticipatory breach has been incorporated in
A.
B.
C.
D.
15.  A party entitled to rescind the contract, loses the remedy. Where
A.
B.
C.
D.
16.  The right to claim on quantum meruit is available to the party in addition to the right to claim damages in case of breach of contract,
A.
B.
17.  The damages for breach of contract are awarded by the courts in order to
A.
B.
C.
D.
18.  The court may grant rescission where the contract is
A.
B.
C.
D.
19.  _______________ means the amount of compensation fixed for breach which is disproportionate to the damages which may result on breach.
A.
B.
C.
D.
20.  An amount of compensation fixed for breach, which is disproportionate to the damages which may result on breach, is known as
A.
B.
C.
D.
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