Every wagering agreement is of a ___________ nature.

Quasi
Warranty
Guarantee
Contingent

A had offered B, a price of Rs.10, 00,000/- for B’s flat. But B was not ready to sell the flat at all. A says to B that “I shall kill you if you don’t agree to sell me your house for Rs.10,00,000/-”. B thereafter did all that was the desire of A in order to save his life. What is immediate answer?

A can enforce the contract.
B can enforce the contract.
A has applied coercion.
The contract is unenforceable.

Interest on capital subscribed by a partner may be provided for in the partnership deed is ___________.

@ 6% per annum, provided it is payable only out of profits
@ 8% per annum, provided it is payable only out of profits
@ 8.5% per annum, provided it is payable only out of profits
At any rate, provided it is payable only out of profits

Partner by holding out is also known as ___________.

Active Partner
Dormant Partner
Partner by estoppel
Partner by stoppage

The appropriation must be made by___________.

The seller with the assent of the buyer
The buyer with the assent of the seller
The buyer or the seller with or without the assent of the other
Both (a) and (b)

‘Buyer’ means a person who___________.

Buys goods
Agrees to buy goods
Has bought goods
Buys or agrees to buy goods

Return of goods is possible in case of ___________.

Sale
Bailment
Exchange
None of the above

In case of an agreement to sell, the aggrieved party ___________.

Can sue for price
Can sue for damages
Can sue the buyer for injunction
None of the above

Delivery by attornment is ___________.

Actual Delivery
Constructive Delivery
Symbolic Delivery
Physical Delivery

Damages awarded with the intention of punishing the defaulting party rather than compensating the aggrieved party:

Restitution
Exemplary Damages
Special Damages
Nominal Damages

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