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1
A owes B Rs10,000. A enters into an arrangement with B and gives B a mortgage of his (A's) estate for 5.000 rupees in place of the debt of Rs10,000. This is a -
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Anew contract and extinguishes the old
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Bnot a new contract
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Cdoes not extinguishes the old
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DNone of the above
2
If minor is supplied with necessaries then-
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Aminor is personally liable
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Bminor is not liable
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Cminor's estate or property is liable
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Dminor's is liable on becoming major
3
A contingent contract dependent on the happening of uncertain event in the future can be enforced when the event-
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AHappens
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BBecomes impossible
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Cdoes not happen
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Dnone of the above is correct
4
The juridical basis of quasi-contractual obligation can be explained through the theory of -
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Aindebitatus assumpsit
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Bunjust enrichment
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Cjust and reasonable solution
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Dvoluntary benefits
5
A contracts to pay B Rs.1000/-if B's house is
burnt.
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AThe contract is void
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BIt is contingent contract
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CIt is voidable contract
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DNone of the above.
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