Law of Contract Mains Questions Series Part-IX: Important Questions for Judiciary, APO & University Exams | Part - IX of X
Legal Bites brings to you Law of Contract Mains Questions Series Part-IX.
Legal Bites brings to you Law of Contract Mains Questions Series Part-IX. The questions enlisted here are arranged section-wise and will aid the students in preparing for Judiciary, APO or University Exams. The list of questions curated by Legal Bites will help candidates identify the important and frequently asked questions and give them good practice for their aptitude and knowledge.
Law of Contract Mains Questions Series Part-IX
We know answer writing is a continuous exercise that is an inalienable part of the preparation process for any Examination. A well-written answer reflects not only the knowledge of an aspirant but also his/her ability to tailor the content in a manner suited to meet the expectations of the question.
Rigorous preparation for this exam is mandatory in order to crack it. In the last few months prior to the exams, it is sufficient for candidates to simply keep practising these questions in order to gain mastery over the subjects studied. Not only the candidate’s confidence level but also their scores will show good improvement upon following it.
Law of Contract Mains Questions Series Part-IX of X
What is a contract of guarantee? How is it different from a contract of indemnity? D guaranteed the repayment of a loan of Rs. 20,000 given by P to A. The guaranteed paper showed a loan of Rs. 25,000. P refused to accept this paper. Therefore A, without any reference to D, altered the amount to Rs. 20,000 and gave it to P, who accepted it. A failed to pay, and therefore P sues D. Will P succeed? [BJS 1986]
A, a manufacturer of Sugar Mill Plant, has entered into a contract for the turnkey project of the erection of Sugar Mill with B. B has desired that A should furnish a bank guarantee for the good performance of the plant for a period of one year from the date of handing over the complete plant. Within one month of the commissioning of the plant, B wrote to A that the plant is not giving projected results. B invokes the bank guarantee. A files a suit for a permanent injunction restraining the bank from paying the amount of the bank guarantee. Decide. [Punjab JS 2003]
The plaintiff handed over to the defendant certain jewels for the purpose of being melted and utilized for making new jewels. Every day as soon as the defendant’s work for the day was over, the plaintiff used to receive half-made jewels from the defendant and put them into a box in the defendant’s room without handing over the key to the defendant. One night the jewels were stolen from the defendant’s room. Discuss the remedy available to the plaintiff if any? [HJS 1998]
Define the terms “bailment”, “bailor”, and “bailee”, giving illustrations. What is the kind of care expected from the bailee according to Section 151 of the Contract Act?
The defendant Ram Sarup betel-seller to the plaintiff Sunder Lal’s wooden shop on rent, and despite the tenant’s prudent care, the rioters set fire to the shop and destroyed is and the defendant, according to the terms of the agreement, failed to “return the same in the same condition,”
Whether the defendant as its bailee is liable to make good the loose and pay damages to the plaintiff? [UPJS 1988]
What is the distinction between a pledge and a mortgage? What are the Pawnee’s rights where pawnor makes default? [RJS 1969]
‘X’ who is the owner of a property, enters into an agreement to sell property with ‘Y’ and upon receipt of consideration, executes an agreement to sell and power-of-attorney in favour of ‘Y’ authorizing him to sell, mortgage, or part with the property. There was no clause that it would not be revoked. Subsequently, ‘X’ revokes the power-of-attorney executed in favour of ‘Y’. Could he do so? Discuss. [Punjab JS 2007]
The defendant employed the plaintiff to find a tenant for his premises. When the plaintiff was telephoning to prospective tenant ‘X’, a third party ‘Y’, overhead the conversation, ascertained the locality from X, went to the premises where there was a “To Let” board with the address of the defendant and engaged the premises. The plaintiff claims his remuneration. Is the claim tenable? Discuss. [DJS 1991]
A appoints B as the trustee of his property with a specific direction to give the property on lease for five years. B enters into a contract with C to lease out this property to him for ten years. Is this contract specifically enforceable? [HJS 1999]
Life Insurance Corporation (LIC) launched a salary-saving insurance scheme for employees wherein the employer was to deduct the premium from the salary of the employees and deposit the same to LIC at concessional rates. Employer X got the scheme for his 200 employees. Subsequently, because of losses, X failed to give salaries to his employees and also did not deposit the premium on their behalf. LIC consequently refused to pay the assured amount to those employees who asked for it. These employees claimed that X was the agent of LIC for their scheme. LIC must pay the assured amount. Will the employees succeed? [HJS 2007]