Q). Goods identified and agreed upon at the time of the contract of sale is made, is called
A) Ascertained
B) Specific
C) Both Ascertained and Specific
D) Neither Ascertained nor Specific
Q). “A contract is an agreement, creating and defining obligations between the parties”. As defined by
A) Dr. Ambedkar
B) Pollack
C) Salmonds
D) N.D. Kapoor
Q). The benefit which moves from one party to another in a contract is called as
A) Income
B) Interest
C) Consideration
D) transfer
Q). An offer to sell bis car through Internet is offer
A) Implied
B) Specific
C) Expressed
D) Invalid
Q). Original Contract need not be performed when there is a …. of Contract
A) Recession
B) Novation
C) Alteration
D) All of the above