recruitment

Question 1

indemnity

Answer 1

124

Question 2

guarantee

Answer 2

126

Question 3

contracts defined

Answer 3

2(h)

Question 4

2(e)

Answer 4

agreement

Question 5

2(b)

Answer 5

promise

Question 6

valid contract

Answer 6

free consent
parties competent to contract
lawful consideration
lawful object not declared to be void

Question 7

proposal defined

Answer 7

2(a)

Question 8

agreement without consideration is void

Answer 8

sec 25

Question 9

competent

Answer 9

sec 10, sec 11 (who is competent - age of majority + sound mind), sec 12

Question 10

undue influence

Answer 10

sec 16

Question 11

fraud

Answer 11

sec 17

Question 12

when does fraud happen

Answer 12

1. suggestion believing it not to be true
2. active concealment
3. promising without the intention of performing jt
   4.

Question 13

when silence amounts to fraud

Answer 13

1. utmost good faith (uberrima fide)
2. silence equivalent to speech

Question 14

when silence amounts to fraud

Answer 14

1. utmost good faith (uberrima fide)
2. silence equivalent to speech

Question 15

when coercion

Answer 15

1. threatening to do act forbidden by ipc
2. threatening to detain property

Question 16

misrepresentation

Answer 16

sec 18

Question 17

misrep

Answer 17

1. innocent misrep
2. misleading misrep
3. suppression of vital facts

Question 18

consent

Answer 18

sec 13

Question 19

unlawful agreement

Answer 19

1. forbidden by law
2. defeat provisions of any law
   3 fraudulent
3. involves or implies injury to the person or property
4. immoral or opposed to public party

Question 20

discharge of contracts

Answer 20

peformance
breach
impossible
agreement

Question 21

situations of impossibility

Answer 21

1. destruction of subject matter
2. law
3. war

Question 22

damages

Answer 22

73 to 75

Question 23

indemnity section

Answer 23

124

Question 24

indemnity

Answer 24

promise to save one from loss caused by the act of promisor or third person

Question 25

right of indemnity holder

Answer 25

sums, costs and damages that he may be made to pay in a suit

Question 26

guarantee section

Answer 26

126

Question 27

parties

Answer 27

surety, creditor, principal debtor

Question 28

consideration in guarantee

Answer 28

anything done for the principal debtor

Question 29

suretys liability

Answer 29

co extensive with that of the principal debtor

Question 30

when guarantee invalid

Answer 30

misrep, concealment

Question 31

essentials of a guarantee

Answer 31

three parties liability enforceable by law

Question 32

discharge of surety

Answer 32

1. continuing guarantee - any time 2. detah of surety 3. variance 4. loss of security by the creditor

Question 33

bailment bailor bailee defined section

Answer 33

148

Question 34

essentials of bailment

Answer 34

delivery of possession, specific purpose, goods to be returned or disposed off

Question 35

types of bailment

Answer 35

gratituous, use, reward, safe custody, mutual benefit, pleadge. finding of lost goods

Question 36

bailors duty

Answer 36

disclose, repayment of expenses

Question 37

duty of bailee

Answer 37

no unauthorised use return care

Question 38

pledge

Answer 38

sec 172

Question 39

section 5 of arb act

Answer 39

no judicial intervention

Question 40

section 9 of arb act

Answer 40

interim measures from court

Question 41

section 9 of arb act

Answer 41

interim measures from court

Question 42

sec 11

Answer 42

appt of arb

Question 43

section 34

Answer 43

setting aside - public policy fraud misrep corruption fundamental procedural unfairness

Question 44

contract in restraint of marriage void

Answer 44

26

Question 45

contract in restraint of trade

Answer 45

27

Question 46

void agreements

Answer 46

marriage trade unlawful legal proceedings wagers