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Transfer of Property Act 1882 Overview
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Transfer of Property Act 1882 Overview

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Questions and Answers

What is the implication if the order of reciprocal promises is not explicitly stated in the contract?

  • The promises will automatically be performed simultaneously.
  • They must be performed in the order that the transaction nature requires. (correct)
  • No party is obligated to perform their promises at all.
  • The promises will be performed in any order chosen by either party.
  • What happens when one party prevents the other from performing their promise in a reciprocal contract?

  • The contract remains valid, and both parties must seek legal action.
  • The contract becomes voidable at the option of the prevented party. (correct)
  • The preventing party is entitled to additional compensation.
  • The prevented party loses all rights under the contract.
  • What is the significance of the report dated 6th July, 1866?

  • It amended previous laws in India.
  • It outlined the Schedule Districts Act of 1874.
  • It was prepared to create a body of substantive law for India. (correct)
  • It initiated the Transfer of Property Act, 1882.
  • In the context of reciprocal promises, when must A’s promise be performed according to the given example?

    <p>Before B can prepare to make his promise.</p> Signup and view all the answers

    Which Act extended the Transfer of Property Act, 1882, to Berar?

    <p>The Berar Laws Act, 1941.</p> Signup and view all the answers

    What must occur for A's promise to deliver stock-in-trade to B to be valid?

    <p>B must provide security for payment first.</p> Signup and view all the answers

    In which year was the C.P.and Berar Act amended?

    <ol start="1938"> <li></li> </ol> Signup and view all the answers

    What is the outcome for party B if party A prevents B from executing their promise?

    <p>Party B can rescind the contract and seek compensation for losses.</p> Signup and view all the answers

    Which region was declared to have the Transfer of Property Act in force according to the Scheduled Districts Act, 1874?

    <p>Tarai of the Province of Agra.</p> Signup and view all the answers

    What was the purpose of the Gazette of India published in 1867?

    <p>To report discussions in Council regarding the Transfer of Property Act.</p> Signup and view all the answers

    What can a promisee do if the promisor refuses to perform the contract in its entirety?

    <p>Put an end to the contract</p> Signup and view all the answers

    Under what circumstance is A excused from non-performance of a contract with B?

    <p>If B neglects or refuses to indicate repair needs.</p> Signup and view all the answers

    When must a promise be performed by the promisor himself?

    <p>When the nature of the promise implies personal performance</p> Signup and view all the answers

    If a promisor dies before fulfilling a promise that can be performed by another, who must perform the promise?

    <p>The promisor's personal representative must fulfill it</p> Signup and view all the answers

    What is the consequence if a singer (A) sings the following night after wilfully absenting herself, and the manager (B) has acquiesced?

    <p>B cannot end the contract but can receive compensation</p> Signup and view all the answers

    What happens if the promisee shows acquiescence to the contract after a refusal to perform?

    <p>The promisee must continue the contract</p> Signup and view all the answers

    What is the entitlement of a supplier providing necessaries to a person incapable of contracting?

    <p>To be reimbursed from the property of the incapable person.</p> Signup and view all the answers

    What must be true for a person to be reimbursed for paying money due by another?

    <p>They must have a personal interest in the payment.</p> Signup and view all the answers

    In the case of paying another's due, which of the following is a necessary condition for reimbursement?

    <p>The other party must have defaulted on payment.</p> Signup and view all the answers

    If A supplies necessaries to B's wife and children, what can A claim?

    <p>Reimbursement from B's property.</p> Signup and view all the answers

    What happens if B pays the government to prevent the annulment of his lease?

    <p>A must pay back B, the amount that was paid to the government.</p> Signup and view all the answers

    Which of the following is NOT a condition for a person who supplied necessaries to be reimbursed?

    <p>The incapable person must be of legal age.</p> Signup and view all the answers

    What type of relationship is created by the supply of necessaries to a person incapable of contracting?

    <p>A quasi-contractual relationship implying reimbursement.</p> Signup and view all the answers

    Which of the following definitions of 'bank' is included in Exception 3?

    <p>A State Bank of India constituted under the State Bank of India Act, 1955.</p> Signup and view all the answers

    What does the term 'financial institution' refer to in Exception 3?

    <p>Any public financial institution as defined by the Companies Act, 1956.</p> Signup and view all the answers

    Under what circumstance is an agreement considered void for uncertainty?

    <p>When the parties agreed on a price but didn't specify the product.</p> Signup and view all the answers

    Which of the following agreements is likely void for uncertainty?

    <p>A agrees to sell B 'one hundred tons of oil'.</p> Signup and view all the answers

    Which entity is NOT defined as a 'bank' in Exception 3?

    <p>A cooperative society operating within a single state.</p> Signup and view all the answers

    Which of the following illustrates a valid agreement due to the specificity of terms?

    <p>A agrees to sell B one hundred tons of oil of a specified type.</p> Signup and view all the answers

    What is the significance of A's nature of trade in determining the meaning of 'oil' in his agreement with B?

    <p>It provides clarity on the type of oil intended for sale.</p> Signup and view all the answers

    If A agrees to sell 'all the grain in my granary at Ramnagar', how is this agreement characterized?

    <p>Valid if the quantity can be determined at the time of sale.</p> Signup and view all the answers

    Study Notes

    Transfer of Property Act 1882

    • The Transfer of Property Act 1882 was created after a report of the Her Majesty’s Commissioners which focused on the creation of a body of substantive law for India.

    • The act was amended in Central Provinces by the C.P. Act 1 of 1915 and in Central Provinces and Berar by the C.P. and Berar Act 15 of 1938.

    • The chapters and sections related to contracts in the Transfer of Property Act of 1882 are applicable in places where the Act is in force.

    • The Act was extended to certain areas over time, including:

      • Berar by the Berar Laws Act, 1941 (4 of 1941)
      • Dadra and Nagar Haveli by Reg. 6 of 1963
      • Goa, Daman and Diu by Reg. 11 of 1963
      • Laccadive, Minicoy and Amindivi Islands by Reg. 8 of 1965
      • Pondicherry by Act 26 of 1968
    • The Act was declared to be in force in:

      • the Sonthal Parganas
      • Panth Piploda
      • The Tarai of the Province of Agra
      • The Districts of Hazari bagh, Lohardaga and Manbhum, and Pargana Dhalbhum and the Kolhan in the District of Singhbhum

    Agreements Void for Uncertainty

    • Agreements are void if they are uncertain in meaning, and cannot be made certain.
    • "A agrees to sell to B “a hundred tons of oil”.There is nothing whatever to show what kind of oil was intended.The agreement is void for uncertainty."

    Effect of Refusal to Perform Promise

    • If a party to a contract refuses to perform a promise, the other party can end the contract unless they have agreed, through words or actions, to continue it.
    • "A, a singer, enters into a contract with B, the manager of a theatre, to sing at his theatre two nights in every week during the next two months, and B engages to pay her 100 rupees for each night’s performance.On the sixth night A wilfully absents herself from the theatre.B is at liberty to put an end to the contract."

    Person by Whom Promise Must Be Performed

    • Promises in a contract must be performed by the individual who made the promise, unless the nature of the contract indicates that another person can perform it. The promisor's representatives can perform the promise if they die before it can be fulfilled.
    • "A promises to pay B a sum of money.A may perform this promise, either by personally paying the money to B or by causing it to be paid to B by another ; and, if A dies before the time appointed for payment, his representatives must perform the promise, or employ some proper person to do so."

    Order of Performance of Reciprocal Promises

    • When there are reciprocal promises in a contract, the order of their performance, if not stated, is determined by the nature of the agreement.
    • "A and B contract that A shall build a house for B at a fixed price.A’s promise to build the house must be performed before B’s promise to pay for it."

    Liability of Party Preventing Performance

    • If a party to a contract prevents the other party from fulfilling their promise, the contract becomes voidable at the option of the party who was prevented and the party who prevents performance must pay for the loss incurred by this action.
    • "A and B contract that B shall execute certain work for A for a thousand rupees.B is ready and willing to execute the work accordingly, but A prevents him from doing so.The contract is voidable at the option of B; and, if he elects to rescind it, he is entitled to recover from A compensation for any loss which he has incurred by its non-performance."

    Claim for Necessaries

    • A person who supplies someone incapable of entering into a contract or someone who is legally obligated to be supported by the incapable person with necessaries is entitled to be reimbursed from the incapable person's property.
    • "A supplies B, a lunatic, with necessaries suitable to his condition in life. A is entitled to be reimbursed from B’s property."

    Reimbursement of Payment Due By Another

    • A party who pays money owed by another party is entitled to be reimbursed by the other party if they have a vested interest in the payment.
    • "B holds land in Bengal, on a lease granted by A, the zamindar.The revenue payable by A to the Government being in arrear, his land is advertised for sale by the Government.Under the revenue law, the consequence of such sale will be the annulment of B’s lease.B, to prevent the sale and the consequent annulment of his own lease, pays to the Government the sum due from A.A is bound to make good to B the amount so paid."

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    Indian Contract Act.pdf

    Description

    This quiz covers the Transfer of Property Act 1882, highlighting its origins, amendments, and geographic applications throughout India. Learn about the significant changes made to the Act and its relevance in various regions over time.

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