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1
Damages allowed under Section 73 of the
Indian Contract Act, are
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Aliquidated damages
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Bcompensatory damages
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Cpenal damages
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Dnone of the above
2
Section 124 of Indian Contract Act, includes
under Contract of Indemnity the
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Alosses caused by human conduct
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Blosses caused by accident
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Closses caused by natural calamity
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Dnone of the above
3
A' contract to sing for 'B' at 8 concert and
gets Rs. 1,000 as advance. 'A’ is too ill to sing,
here:
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A'A' is bound losing.
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B'A' is bound to compensate 'B' for toss.
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C'A' is bound to return the amount of advance.
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DNone of the above
4
A' owes 'B' Rs. 5,000. 'A' pays to 'B' Rs. 2,000
and 'B' accepts it in satisfaction of whole
claim on 'A', here
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Awhole debt is discharged
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Bno debt is discharged
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Ca part of debt is discharged
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Dnone of the above
5
A contingent contract dependent on the
happening of future uncertain event 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
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