1. An agreement made without consideration is
a) valid,
b) illegal,
c) voidable
d) void
2. On the face of the ticket for a journey the words ― for conditions see back are printed in small print.
The passenger ________________
a) is bound by the conditions whether he takes care to read them or not.
b) is not bound by the conditions
c) may not take note of the conditions
d) none of the above.
3. A contract creates
a) rights in personam,
b) rights in rem,
c) only rights and no obligations,
d) only obligations and no rights.
4. A mere attempt at deceipt by a party to a contract ________________
a) is not fraud unless the other party is actually deceived
b) is fraud whether the other party has been deceived ornot
c) amounts to misrepresentation
d) none of the above.
5. If there is a fraudulent misrepresentation as to the character of a document , the contract is
________________
a) void,
b) voidable,
c) valid
d) illegal
6. The case of nordenfelt v. maxim nordenfelt gun co. (1904)deals with
a) agreement in restraint of legal proceedings,
b) minor‘s agreements
c) agreement in restraint of trade
d) agreement in restraint of marriage.
7. When promisee refuses to accept performance from the promisor who offers to perform, it is
________________
a) attempted performance,
b) vicarious performance,
c) tender
d) frustration of contract.
8. Assignment by operation of law takes place ________________
a) by the mutual consent of parties
b) by the will of either party
c) when the subject matter of a contract ceases to exist
d) by the death of a party to a contract.
9. Where a contract could not be performed because of the default by a third person on whose work
the promisor relied , it ________________
a) is not discharged
b) is discharged
c) becomes void
d) becomes voidable.
10. Specific performance may be ordered by the court when ________________
a) the contract is voidable
b) damages are an adequate remedy
c) damages are not an adequate remedy
d) the contract is uncertain.