Where the parties to a contract have agreed that a certain sum of money would be paid in case of breach of contract, the court will ensure that

Related MCQs

• Each party to a contract is bound to perform his part of the obligation. After the parties have made due performance, the contract comes to an end. In such a case the contract is said to be discharged
• A paid 500 to a Government servant to get him a contract for the canteen. The Government servant could not get the contract. Can A recover 500 paid by him to the Government servant?
• The undertaking contained in a promissory note, to pay a certain sum of money is
• A contractor had to supply the army charpoys in certain quantities by instalments. He failed to supply the requisite number and even after that breach the instalment of charpoys was received by army authorities. Meanwhile, the work orders were however cancelled. The orders cancelling the work order were
• Mr. A obtained mobile set from Mr. B by fraud. Mr. A has a voidable title at the option of Mr. B. Before Mr. B could rescind the contract, Mr. A sold the same to Mr. C who purchased from Mr. A in good faith and without knowledge of fraud by Mr. A and paid for it. In this case.
• A gives a recognizance binding him in a penalty of 500 to appear in the court on a certain day. He forfeits his recognizance. He is
• S sells certain goods to B of Bomba y. The goods are handed over to the ra ilways for transmission to B. In the meantime, B sells the goods to a third party T for consideration without the consent of S. B becomes insolvent. In this case—
• R entered into a contract with L to marry her on a fixed date. However, before the marriage date, R went mad. With reference to the Indian Contract Act which is the valid response?
• A makes a contract with B to buy his house for ₹50,000 if he is able to secure to bank loan for that amount. The contract is
• If the performance of contract becomes impossible because the subject matter of contract has ceased to exist then