Important Questions
Law of Contract
Unit-I
Definition and nature of contract
Short Questions
- What is an agreement?
- Are all agreement contracts?
- Define contracts?
- What is a voidable contracts?
- Distinguish between a void agreement and a void contract?
- Implied contract.
- Quasi-contact.
Long questions
- Define the term ‘contract.’ what are the essentials of a valid contract?
- A contract is defined as “an agreement enforceable by law.” Discuss.
- All contract are agreements but all agreements are not contacts.” Explain.
- Distinguish between
- Void agreement and voidable contact.
- Void and illegal contracts.
- Express and implied contracts.
- Discuss fully the essentials of a valid contract.
- “All agreements are not contracts but all contract are agreements.” Discuss.
Consideration
Short Questions
- What is Consideration?
- Is past Consideration valid in Indian law?
- Should Consideration be adequate?
Long questions
- ‘Consideration may be executed, executor or past.’ Discuss.
- ‘No consideration, no contract’. Explain.
- ‘Consideration is a necessary element of a binding contract’. Discuss.
- ‘The law will not enforce a promise given for nothing’? Comment.
- Define consideration ? What are legal rules to considerate.
- “Agreement without consideration is void.” Comment.
Capacity of Parties
Short Questions
- What is a person competent to contract?
- When does a minor attain the age of majority?
- Can a minor be adjudged insolvent?
- Can a minor act as an agent?
Long questions
- “Parties to a contract must be competent to contract”. Explain.
- Discuss the law relating to contracts by persons of unsound mind.
- Name some types of persons, other than minors, who are not competent to contract.
- Comment on, “An Agreement entered into by minor cannot be enforced at law.”
Free Consent
Short Questions
- When is consent said to be free?
- What happens if free consent in a contract is missing?
- What is misrepresentation?
- What is fraud?
Long questions
- Explain when consent is not said to be free. What is the effect of such consent on the formation of the contract?
- When is consent said to be induced by coercion? What is its effect?
- Distinguish between fraud and misrepresentation.
Discharge of contact
Short Questions
- In how many ways a contract may be terminated?
- What is novation?
- What is meant by alteration?
Long questions
- State the various ways in which a contract may be said to be discharged.
- Discuss the effect of supervening impossibility on the performance of a contract.
Remedies for breach of contract
Short Questions
- Define Restitution.
- When may a court refuse to grant rescission in case of breach of contract?
- What is specific performance?
- What is meant by injunction?
- What are ordinary damages?
Long questions
- What are the various remedies available to a party in case of breach of contract?
- Explain fully the principles on which the court would award damages for a breach of contract.
- Write notes on:
- General damages.
- Special damages.
- Nominal damages.
- Exemplary damages.