
61) An agreement to do an illegal act is
A) Valid
B) Void
C) Voidable
D) Contingent
62) Which one of the following is false about Consideration in Contract?
A) Must move at the desire of the promisor
B) May move from any person
C) Must be of illusory
D) Must be of some value
63) Over a cup of coffee in a restaurant, X Invites Y to dinner at his house on a Sunday. Y hires a taxi and reaches X's house at the appointed time, but X fails to perform his promise. Can Y recover any damages from X?
A) (1)Yes, as Y has suffered
B) (2)No, as there was no intention to create obligation
C) Y can ask for specific performance
D) Both (1) and (2)
64) The expression “Privity of Contract” is
A) A Contract between the parties only
B) A Contract is a private document
C) Only private documents can be contracts
D) The contacts may be expressed in some usual and reasonable manner.
65) Which of the following statements is not correct?
A) A minor is not personally liable for necessities supplied to him
B) An agreement can be ratified by a minor on attaining the age of majority
C) If a minor has received any benefit under a void agreement, he can be asked to compensate or pay for it
D) If a minor, by misrepresenting his age, borrows some money, he cannot be sued for fraud