1)  A  promises to pay to B , a sum of money if certain ship returns within the year. This is a :

A) Quasi contract

B) Contingent contract

C) Wagering contract

D) Contract of bailment

Answer : B

2) A promises to pay to B , a sum of money if the ship returns within the year. The contract :

A) May be enforced if the ship returns within the year

B) Becomes void if the ship is burnt within the year

C) May be enforced if the ship returns within the year, and becomes void if the ship is burnt within the year.

D) None of the above

Answer : C

3) A makes a contract with B to sell a horse to B at a specified price if C to whom the horse has been offered, refuses to buy him. The contract :

A) cannot be enforced by law unless and until C refuses to buy the horse.

B) Can be enforced by law unless and until C refuses to buy the horse

C) Both A And B

D) None of the above

Answer : A

4) Section 32 provides :

A) Enforcement of contracts contingent on an event not happening

B) Enforcement of contracts contingent on an event's happening

C) Agreement contingent on impossible event void

D) All of the above

Answer : B

5) A contracts to pay to B , a sum of money when B marries C, C dies without married to B the contract :

A) Becomes voidable

B) Becomes void

C) Becomes valid

D) Becomes legal

Answer : B

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