Q.1. Assignment of contract means __________________?
(a) Transfer of contractual rights and liabilities to other party who is not a party to the contract
(b) Transfer of contractual rights and liabilities to other party to the contract
(c) Termination of contractual rights and liabilities
(d) None of the above
Q.2. Select the correct statement from the following:
(a) Contractual obligations involving personal skill and abilities cannot be assigned
(b) Contractual obligations can be assigned without consent of other party
(c) An actionable claim cannot be assigned
(d) All the three
Q.3. Assignment of contractual obligation takes place ______________?
(a) In case of death
(b) In case of insolvency
Q.4. Assignment of contractual obligation without consideration is ______________?
(c) Valid contract
(d) Illegal contract
Q.5. Choose the correct statement
(a) Liability of a legal representative is limited only to the extent of the estate of the deceased
(b) Liability of legal representative is personal and absolute
(c) In case of contracts involving personal skill and labour, promisee’s death does not put to an end to the contract
(d) Notice of assignment of contract is not mandatory
Q.6. Specific performance can be granted in cases except when__________?
(a) Monetary compensation is adequate
(b) Actual damages cannot be ascertained
(c) Parties cannot be restored to the original position
Q.7. What is the meaning of the Latin Maxim / Legal Word / Legal Term ‘Impotentia excusat legem”?
(a) Impossibility in Law is excluded.
(b) Impossibility is an excuse in law.
(c) Impossible Excuses are an exception in law.
(d) Impossible excuses are not legally approved.
Q.8. What is the meaning of the Legal Maxim / Legal Word / Legal Term “In pari causa possessor potior haberi debet.”?
(a) In an equal cause, the possessor has the advantage.
(b) In an equal cause, the possessor does not have an advantage.
(c) In parity issues, debit parties are at a loss.
(d) In parity issues possessor is the one who has the benefit of contracts.
Q.9. What is the meaning of the Legal Maxim / Legal Word / Legal Term “In pari delicto, potior est condition possi deutis”?
(a) In equal laws, condition of possessor is better.
(b) In equal fault, condition of possessor is better.
(c) In equal environment, condition of Patent holder is better.
(d) In Parliament, the position of a good orator is better.
Q.10. What is the meaning of the Legal Maxim / Legal Word / Legal Term “Champerty”?
(a) Getting share in a property
(b) Chivalrous attitude to women
(c) Getting share in a legally disputed property
(d) Respectful attitude towards women and elders which enables early parole from jail.
1. Correct Answer: A
2. Correct Answer: A
3. Correct Answer: C
4. Correct Answer: A
5. Correct Answer: A
6. Correct Answer: D
7. Correct Answer: B
Explanation- The Latin Maxim / word / term stands for the impossibility of performing a legal obligation due to a reasonably unforeseeable situation. Hence Option B is correct
8. Correct Answer: A
Explanation- The Latin Maxim / word / term means, when two parties have equal rights, the advantage is always in favor of the possessor. Hence Option A is correct
9. Correct Answer: B
Explanation- The Latin Maxim / word / term means “in equal fault (better is the condition of the possessor)”, is a legal term used to indicate that two persons or entities are equally at fault, whether the malfeasance in question is a crime or tort. Hence Option B is correct
10. Correct Answer: C
Explanation- The Latin Maxim / word / term Proceeding against a party, where the person giving help has a share in the damages to be recovered. Hence Option C is correct