TG PGLCET LLM 2023 Previous Question Paper with Answers And Key

61) A promise made without any intention of performing it by a party to a contract, or with his connivance, or by his agent, with intent to deceive another party thereto or his agent, or to induce him to enter into the contract, amounts to

A) Fraud
B) Mistake
C) Undue Influence
D) Coercion

View Answer
A) Fraud

62) ‘A’ lends five thousand rupees to ‘B’, on condition to repay within 6 months. After a month he tells ‘B’ to pay that amount to ‘C’ within stipulated period, and ‘B’ agrees for it. In such a case, the original contract is discharged by _______

A) Performance
B) Breach
C) Waiver
D) Novation

View Answer
D) Novation

63) Consequential damage over breach of contract was determined by the English Court in the well-known case of ________

A) Dunlop Pneumatic Tyre Co. Ltd. vs Selfridge & Co.
B) Hadley vs Baxendale
C) Phillips vs Brooks
D) Powell vs Lee

View Answer
B) Hadley vs Baxendale

64) Which provision of the Companies Act, 2013 prohibits Insider Trading of Securities?

A) Section 195
B) Section 12A
C) Section 15G
D) Section 197

View Answer
A) Section 195

65) The case of Nordenfelt v. Maxim Nordenfelt Guns and Ammunition Co. deals with

A) Minor’s agreements
B) Agreements in restraint of trade
C) Agreements in restraint of marriage
D) Agreements in restraint of legal proceedings

View Answer
B) Agreements in restraint of trade

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