Note Only Answer the MCQS Don't Explain any of them Which of the following statement is incorrect Death of the propser automatically revkes the proposal Cross offers constitute valid agreement The acceptor cannot reoke his acceptance even if the letter of acceptance sent by him to the offeror is lost in the transit All of the above A collateral transaction to an illegal agreement is Valid Voidable Void Uncertain Share market transaction with a clear intention not only to settle the price difference but delivery of shares of goods are Wagering Agreements Not Wagering Agreements Contingent Contracts Voidable Agreements Which of the following statements is correct Contingent contracts are void Contingent contracts are valid Contingent contracts are voidable Contingent contracts fall in the category of wagering agreements In order to provide the services as a chartered party the ship must be fit for travel in the sea large in size all of above none of above A glass item box was given to railway authorities to transport to other city Item was damage in the transit Can the receiver of the box claim damage to the railway authorities Yes No all of above none of above When a whole ship is hired for the transit of the goods it refers as chartered party general cargo ship transit all of above none of above In case of Alteration, there is change to some of the terms and conditions of the original contract substitution of an existing contract with new one either (a) or (b) neither (a) nor (b) In discharge of contract by novation, the consideration for the new contract is the discharge of the old contract separately supplied decided by the parties all of the above A contract to buy B s scooter for Rs 10,000, but breaks the promise What compensation must A pay to B The excess amount of the contract priceover the price which B can obtain for the scooter at the time of breach of promise The contract price of Rs 10,000 The price which B demands None of the above

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Question: Note Only Answer the MCQS. Don't Explain any of them Which of the following statement is incorrect ? Death of the propser automatically revkes the

Note Only Answer the MCQS. Don't Explain any of them

		Death of the propser automatically revkes the proposal
		Cross offers constitute valid agreement
		The acceptor cannot reoke his acceptance even if the letter of acceptance sent by him to the offeror is lost in the transit
		All of the above

Share market transaction with a clear intention not only to settle the price difference but delivery of shares of goods are

		Contingent contracts are void
		Contingent contracts are valid
		Contingent contracts are voidable
		Contingent contracts fall in the category of wagering agreements

A glass item box was given to railway authorities to transport to other city. Item was damage in the transit. Can the receiver of the box claim damage to the railway authorities

		change to some of the terms and conditions of the original contract
		substitution of an existing contract with new one
		either (a) or (b)
		neither (a) nor (b)

In discharge of contract by novation, the consideration for the new contract is"

		the discharge of the old contract
		separately supplied
		decided by the parties
		all of the above

A contract to buy B s scooter for Rs 10,000, but breaks the promise. What compensation must A pay to B?"

		The excess amount of the contract priceover the price which B can obtain for the scooter at the time of breach of promise
		"The contract price of Rs 10,000"
		The price which B demands
		None of the above

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