CAF-4 | Ch-9 | CONSEQUENCES FOR BREACH OF CONTRACT

CAF-4 Chapter-9 Consequences for breach of contract

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Business Law Quiz for the ICAP CA students.

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  1. Question 1 of 12
    1. Question
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    Category: CAF4

    The main object of awarding damages is

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  2. Question 2 of 12
    2. Question
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    Category: CAF4

    In a breach of contract of sale, general rule for measuring damage is

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  3. Question 3 of 12
    3. Question
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    Damages that naturally arose in the usual course of things from breach of contract are called:

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  4. Question 4 of 12
    4. Question
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    Category: CAF4

    Such damages which the parties knew, when they made the contract, to be likely to result from the breach are called:

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  5. Question 5 of 12
    5. Question
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    Category: CAF4

    In case of fixed damages provided in contract

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  6. Question 6 of 12
    6. Question
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    Category: CAF4

    Mr. B agreed to supply spare parts of the machine to Mr. A on 5th September at a particular price. Mr. B fails to deliver spare parts on the due date. There is a breach of contract and Mr. A filed a suit against Mr. B for the compensation of losses. Mr. A claimed that due to the non-availability of spare parts, the machine could not function, so Mr. A claimed (i) depreciation on the machine (ii) fixed expenses such as salary and (iii) loss of profit due to the non-function of the machine. State the legal position.

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  7. Question 7 of 12
    7. Question
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    Category: CAF4

    Which of the following losses can be recovered in case of breach of contract?

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  8. Question 8 of 12
    8. Question
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    Category: CAF4

    The rules for damages in quasi contract are same as those:

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  9. Question 9 of 12
    9. Question
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    Category: CAF4

    Mr. A agrees to sell 200 bags of sugar to Mr. B on 11th November at Rs.500/- per bag. Mr. B is to make payment on the delivery of sugar bags. Before the due date, the price of sugar has increased to Rs. 600/- per bag. Mr. A refuses to supply sugar to Mr. B. There is a breach of contract Mr. B is

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  10. Question 10 of 12
    10. Question
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    Category: CAF4

    The amount of damages fixed by the parties at the time of making a contract is not by way of penalty if:

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  11. Question 11 of 12
    11. Question
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    Category: CAF4

    In case of breach, full amount is to pe paid as stipulated in the contract if:

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  12. Question 12 of 12
    12. Question
    1 points
    Category: CAF4

    Mr. A entered into an agreement for constructing a house for Mr. B and to give complete possession on 1st January. Mr. B makes an agreement with Mr. C to renting out that house to him from 2nd January. This fact is in the knowledge of Mr. A. The house was badly constructed and collapsed before 1st January. Mr. B is entitled to get compensation for

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