When damages are fixed or ascertained in the contract itself, they are called:
A. vindicative damages
B. liquidated damages
C. special damages
D. none of above
“Nobody shall enrich himself unjustly at the expense of another” is stated by?
A. quantum merit
B. quasi-contract
C. implied contract
D. none of above
Contingent means “dependent on or subject to something unpredictable or unforeseen”
A. True
B. False
AU, a tradesman leaves some goods at Baqar’s house by mistake. Baqar treats the goods as his own. Now?
A. Baqar is bound to pay for them
B. Baqar is not bound to pay for them
C. both All & Baqar are liable to bear the loss
D. none of above
Ahmed worked gratuitously to save the property of Munir from fire. Ahmed is?
A. Entitled to be compensated by Munir
B. not entitled to be compensated
C. both A & B
D. none of above
A person who finds goods belonging to another, and takes them into his custody, is subject to the same responsibility as a:
A. Bailor
B. Bailee
C. both A & B
D. none of above
A person to whom money has been paid or anything delivered by mistake or under coercion.
A. is liable to repay or return it
B. is not liable to repay or return it
C. both A & B
D. none of above
Ali and Amir jointly own Rs. 10,000/- to Akbar. Amir alone paid the amount to Akbar and Ali not knowing that Amir has paid, again paid the amount to Akbar. Akbar is?
A. bound to repay the amount
B. not bound to return the amount
C. All & Amir should jointly bear the loss
D. none of above
Money paid under mistake is:
A. not recoverable
B. recoverable
C. both A & B
D. none of above
A promise to save a person from the harmful consequences of an act is called:
A. guarantee
B. Indemnity
C. both A & B
D. none of above
Contract of indemnity being a part of the.law of contract must have all the attributes of a:
A. voidable contract
B. void contract
C. valid contract
D. none of above
Every relationship of trust and confidence is a fiduciary relationship.
A. True
B. False
Sikandar asks Bashir to beat Zubair and promises to indemnify Bashir from consequences. Bashir beat Zubair and is fined Rs. 2000/-. Now Bashir:
A. can recover the amount from Sikandar
B. cannot recover the amount from Sikandar
C. both A & B
D. none of above
How many people are in a contract of indemnity?
A. three parties
B. two parties
C. both A & B
D. none of above
The liability of indemnifier to the indemnified is?
A. primary and independent
B. secondary and shared by others
C. primary and dependent
D. none of above
Undue influence means “the act or power of producing an effect without apparent force or direct exercise of command”.
A. True
B. False
In the contract of indemnity the indemnifier is bound to:
A. work on the request of a debtor
B. work on the request of a creditor
C. not bound to work on the request of a debtor
D. none of above
The indemnifier can bring a suit against the third party only?
A. in his own name
B. in the name of indemnified
C. both A & B
D. none of above
A wager is a promise to give money or money’s worth upon the determination of an uncertain event.
A. True
B. False
A contract to perform the promise or discharge the liability a third-party in case of his default is known as:
A. a contract of indemnity
B. a contract of bailment
C. a contract of guarantor
D. none of above
