Paper of mgt 611

A contingent contract — to do or not to do anything if an uncertain future event happens — cannot be enforced by law unless and until that event has happened. This condition is covered under which section of contract act? A enters into a contract with Mr. B to construct a building according to the sight plan against the payment of the certain agreed amount.

Paper of mgt 611

Which of the following is not a part of a valid contract of indemnity? The contract of indemnity must contain all the essentials of a valid contract b.

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It is a contract between more than two parties c. The loss may be caused by the conduct of promisor d. The contract of indemnity may be implied 5. Ahmed contracts to supply cement to Basit on 10 March. Basit agrees to pay the price on receipt of goods.

Ahmed does not supply on due date. What maximum possible Basit can do according to Contract Act? Basit can refuse to pay b. Basit can rescind and claim damages c. Basit shall grant new date for delivery d. Basit shall do nothing as contract is automatically void 6. A delivers his horse to B for safe custody.

The horse becomes sick and B spends Rs.

Paper of mgt 611

Which of the following fits best in this situation? B is responsible for the sickness of horse b. B is not responsible for the sickness of horse c. B can recover medical expense from A d. B can not recover medical expense from A 7.

X takes a loan of Rs. Which of the following parties are engaged in the contract of a guarantee? Benefits and compensations d. A buys a TV from TV shop and asks the shopkeeper to keep it with him for 2 hours so that A may buy other things from market. Which section of contract act illustrates that anything done for the benefit of principal debtor may be sufficient consideration to surety for giving guarantee.

On the request of B, A promises to employer of B that if B commits a fraud, he shall be liable for that.Paper of Mgt Topics: Ice cream, Ethics Paper MGT October 24, Ethics Paper The role of ethics and social responsibility aids organizations in developing a strong strategic plan, while addressing the needs of stakeholders.

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