Judiciary Model Papers and Previous Year Papers

1

Damages allowed under Section 73 of the Indian Contract Act, are

A

liquidated damages
B

compensatory damages
C

penal damages
D

none of the above

2

‘A’ contracts to sell and deliver 500 bales of cotton to "B on a fixed day A knows nothing of B's mode of conducting his business 'A' breaks his promise and 'B' having no cotton is obliged to close his mill. Is 'A’ responsible for the loss caused to 'B' b

A

Yes
B

No
C

To the extent of the agreed price of cotton
D

None of the above

3

A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

A

To pay the whole penalty
B

To pay half penalty
C

It depends on the discretion of the judge
D

For no penalty

4

A stipulation for increased interest from the date of default is known as

A

damage
B

penalty
C

liquidated damage
D

compensation

5

Which of the following sections of the Indian Contract Act, 1872 imposes on a person, who sues for damages, a duty to mitigate the loss consequent upon the breach of contract?

A

Section 72
B

Section 73
C

Section 74
D

Section 75

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