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CA Foundation Performance of Contract — practice questions — page 3

Explore 69 free Performance of Contract questions in CA Foundation Businesslaw. Open each question or exercise to read its content, reference answers and available explanation.

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Performance of Contract questions and exercises with answers

Showing questions 61–69 of 69.

A promised to paint a portrait for B, and B later forbids him to do so. What is A's position?Read the answer and worked solution →A person rescinds a voidable contract. What of benefits he received?Read the answer and worked solution →A voidable contract is rescinded. What of the other party's promises?Read the answer and worked solution →A person has received an advantage under an agreement found to be void. What must he do?Read the answer and worked solution →A pays B Rs 1,000 for B's promise to marry A's daughter, who is already dead. What must B do?Read the answer and worked solution →A delivers 130 of 250 maunds of rice before the deadline. B keeps them after it. Result?Read the answer and worked solution →A singer paid in advance is too ill to sing. What does she owe?Read the answer and worked solution →How is rescission of a voidable contract communicated or revoked?Read the answer and worked solution →A must repair B's house, but B will not show what needs repair. Result?Read the answer and worked solution →

Worked practice questions

A promised to paint a portrait for B, and B later forbids him to do so. What is A's position?

  1. Still bound to paint
  2. Liable to pay damages
  3. Liable to refund fees
  4. No longer bound to perform
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Correct answer: D. No longer bound to perform

B as promisee may dispense with performance, so A is freed once B forbids it.

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A person rescinds a voidable contract. What of benefits he received?

  1. Restore them if possible
  2. Keep them for himself
  3. Donate them to charity
  4. Repay twice their value
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Correct answer: A. Restore them if possible

Section 64 requires the rescinding party to restore received benefits to the person who gave them.

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A voidable contract is rescinded. What of the other party's promises?

  1. He must still perform
  2. He need not perform
  3. He must pay damages
  4. He must perform half
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Correct answer: B. He need not perform

Rescission relieves the other party of any promise he made under the contract.

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More Businesslaw topics

Negotiable Instruments Act 1881Nature of ContractsAgencyThe Limited Liability Partnership Act 2008PartnershipContract of Indemnity and GuaranteeBreach of Contract and its RemediesCompanies Act 2013