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Questions and Answers
Who can demand performance in the case of joint promisors?
Who can demand performance in the case of joint promisors?
- Promisee
- Legal Representative (correct)
- Agent Representative
- Third party
What happens to joint liabilities when one of the joint promisors is compelled to perform?
What happens to joint liabilities when one of the joint promisors is compelled to perform?
- All joint promisors are released from the liability
- The joint promisee loses the right to claim performance
- The liability passes to the legal representatives of the joint promisor (correct)
- The remaining joint promisors must bear the loss equally
In the devolution of joint rights, who can claim performance if one of the promisees dies?
In the devolution of joint rights, who can claim performance if one of the promisees dies?
- Surviving Promisee only
- Remaining Promisees
- Legal Representative jointly with surviving promisee (correct)
- Agent Representative
What is the consequence of the release of one joint promisor in a contract?
What is the consequence of the release of one joint promisor in a contract?
If all the joint promisors die, who can claim performance?
If all the joint promisors die, who can claim performance?
When a debtor owes several distinct debts to a creditor and makes an insufficient payment, how can the payment be appropriated?
When a debtor owes several distinct debts to a creditor and makes an insufficient payment, how can the payment be appropriated?
What is 'Assignment' in the context of contracts?
What is 'Assignment' in the context of contracts?
In a situation where a promisee cannot be compelled to accept a third person to perform the promise, this relates to which concept?
In a situation where a promisee cannot be compelled to accept a third person to perform the promise, this relates to which concept?
Which rule governs the appropriation of payments when a debtor owes multiple distinct debts to a creditor?
Which rule governs the appropriation of payments when a debtor owes multiple distinct debts to a creditor?
'Assignment of Contractual Liabilities' involves what action?
'Assignment of Contractual Liabilities' involves what action?
What is one of the modes of discharge of a contract mentioned in the text?
What is one of the modes of discharge of a contract mentioned in the text?
In which scenario can an actionable claim be assigned?
In which scenario can an actionable claim be assigned?
What happens when the rights and obligations under a contract come to an end?
What happens when the rights and obligations under a contract come to an end?
What is required for a contract to be discharged by performance?
What is required for a contract to be discharged by performance?
In which instance can a contractual right be transferred from one party to another?
In which instance can a contractual right be transferred from one party to another?
When can a contract be discharged by lapse of time?
When can a contract be discharged by lapse of time?
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