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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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1.  The breach of contact occurs when a party
A.
B.
C.
D.
2.  When a party rightfully rescind (i.e., cancel) the contract, he is
A.
B.
C.
D.
3.  Ordinary damages are those damages which are
A.
B.
C.
D.
4.  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.
5.  Anticipatory breach is the repudiation of the contract
A.
B.
C.
D.
6.  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.
7.  It is the right of an aggrieved party to claim damages form the defaulting party for the breach of contract.
A.
B.
8.  Quantum meruit means
A.
B.
C.
D.
9.  Nominal damages are very small in amount and are awarded.
A.
B.
C.
D.
10.  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.
11.  When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as
A.
B.
C.
D.
12.  The damages for breach of contract are awarded by the courts in order to
A.
B.
C.
D.
13.  Law governing the payment of damages is based on the leading English case,
A.
B.
C.
D.
14.  Generally, which of the following damages are not recoverable ?
A.
B.
C.
D.
15.  The breach of contract may be
A.
B.
C.
D.
16.  The court may grant rescission where the contract is
A.
B.
C.
D.
17.  In case of breach of contract, how an aggrieved party can recover compensation form defaulting party?
A.
B.
C.
D.
18.  Law governing the damages is based on the leading English case Hadley v. Baxandale (1854) 9 Ex. 431. and is incorporated in
A.
B.
C.
D.
19.  Which of the following statement is correct?
A.
B.
C.
D.
20.  An amount of compensation fixed payable in case of breach and which is fair and genuine pre-estimate of probable damages, is known as
A.
B.
C.
D.
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