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Chapter 30: Performance of Contract — Online MCQ Test

COMMERCE · CLASS 11th · Tamil Nadu State Board

Practice Chapter 30: Performance of Contract with a free chapter-wise online MCQ test for Tamil Nadu State Board CLASS 11th COMMERCE. This chapter covers: This chapter details contractual performance rules parties obligated to perform and reciprocal promises. Students study tender of performance assignability and joint liability exec.... AI-generated questions from basic to board-exam level, with instant results and explanations.

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Chapter 30: Performance of Contract — Important Questions & Answers (FAQ)

Frequently asked questions from Tamil Nadu State Board CLASS 11th COMMERCE — Chapter 30: Performance of Contract, with answers and explanations. These are sample questions; the exam has its own separate question set.

What is the primary meaning of 'Performance of a Contract'?
  • A. Fulfilling the legal obligations by the parties involved ✓
  • B. Drafting the initial agreement
  • C. Registering the contract with a notary
  • D. Termination of the contract due to breach
Answer: A. Fulfilling the legal obligations by the parties involved
Performance of a contract means that both parties have fulfilled their respective legal obligations created by the contract.
A valid tender of performance is also known as:
  • A. Breach of contract
  • B. Attempted performance ✓
  • C. Rescission
  • D. Novation
Answer: B. Attempted performance
When a promisor offers to perform their obligation but the promisee refuses to accept it, it is called a tender of performance or attempted performance.
Which of the following is an essential requirement for a valid tender of performance?
  • A. It must be conditional
  • B. It must be made at the proper time and place ✓
  • C. It can be made to a stranger
  • D. It must be made by a third party only
Answer: B. It must be made at the proper time and place
A valid tender must be unconditional, made at a proper time and place, and provide a reasonable opportunity to verify the performance.
A, B, and C jointly promise to pay D Rs. 3,000. D sues A for the full amount. Can A be forced to pay the whole sum?
  • A. No, A is only liable for Rs. 1,000
  • B. Yes, A can be compelled to pay the entire amount ✓
  • C. Only if B and C are insolvent
  • D. Only if the court decides
Answer: B. Yes, A can be compelled to pay the entire amount
In joint liability, the promisee can compel any one or more of the joint promisors to fulfill the whole obligation.
X promises to deliver a specific painting to Y for Rs. 50,000. X dies before delivery. Can Y compel X's legal heir to paint/deliver?
  • A. Yes, the heir must perform
  • B. No, because the contract was based on personal skill ✓
  • C. Yes, but only if paid double
  • D. The court will force the heir to learn painting
Answer: B. No, because the contract was based on personal skill
Contracts involving personal skill like painting are terminated upon the death of the promisor.

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