66) The doctrine of restitution is contained in which provision of the Indian Contract Act.1872?
A) Section 58
B) Section 62
C) Section 65
D) Section 69
67) It was held in that “when a contract has been broken, the party who ________ suffers by such breach is entitled to receive, from the party who has broken the contract, compensation for any loss or damage caused to him thereby, which naturally arose in the usual course of things from such breach, or which the parties knew, when they- made the contract, to be likely to result from the breach of it.”
A) Mohori Bibee v.Dhannodas Ghose.ILR (1903)
B) Central Inland Transport Coip.Ltd.v Brojo Nath.AIR (1986)
C) Hadley v.Baxendale, (185(4)
D) L'Estrange v.E. Graucob Ltd..(1934)
68) Is past consideration for a promise valid to create a contract?
A) It is valid only in English Law and nor in Indian Law
B) It is valid both in Indian Law and English Law
C) It is neither valid Law in English Law nor in Indian Law
D) It is valid only in Indian Law and nor in English Law
69) The Companies Act.2013 specified 'Small Shareholder' as a shareholder holding shares of nominal value of not more than:
A) ₹15,000
B) ₹20,000
C) ₹25,000
D) ₹30,000
70) Identify the “Incorrect” Statement relating to fraud under the Indian Contract Act 1872:
A) 'X' sells, by auction, to :Y'.a horse which :'X' knows to be unsound and says nothing to 'Y' about the horse's unsoundness. This is not fraud by 'X'.
B) 'X' says to 'Y'.“If you do nor deny it. I shall assume that the horse is sound.” 'Y' says nothing. Here 'Y's silence is equivalent to speech and is fraud, if horse is found unsound.
C) 'X' and 'Y' being traders, enter upon a contract. 'X' has private information of a change in prices, which would affect 'Y's willingness to proceed with rhe contract, 'X' is bound to inform 'Y' and failure to inform would be fraud.
D) 'X' being a director of the XYZ Company Ltd., recommends to sell a property owned by his wife 'Y', But did not disclose to XYZ Company Ltd. that 'Y' is his wife, Uris is fraud,