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21. The circumstances in which the creditor must make a disclosure to the proposed surety are: I. Where the surety has asked specific questions to the creditor II. Where the bank misleads the surety by volunteering only part of the truth III. Where the surety makes a statement in the creditor’s presence that demonstrates that he entirely misunderstands the principal debtor's position IV. Where there is anything that might not naturally be expected to take place between the principal-debtor and the creditor
II, III
I, IV
I, II
All of them
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22. The conditions which entitle an agent to exceed his authority under the doctrine of necessity are:
That he could not communicate with his principal
That the course he took was necessary for the sense that it was in the circumstances the only reasonable and prudent course to take
That he acted bona fide in the interest of the parties concerned
23. The consideration for a family arrangement may be the preservation of family property, preservation of peace and honor of the family or the avoidance of litigation; or avoiding the possibility of a future dispute. In which of the following cases it was held?
Sundar Sahu Gountia v. Chamra Sahu Garantia
Dwarampudi Nagaratnamba v. Kunuku Ramayya
Balbhaddar Prasad v. Dhanpat DayaI
None of these
24. The creditor may file a suit at his option only against the surety. In which of the following cases it was upheld?
K. C. Skaria v. The Government of State of Kerala
Purabi Dasgupta v. A run Kumar
Infrastructure Leasing and Financial Services Ltd. v. Vijay V. Prabhu
25. The decisions of the expert or technical or commercial committees in scrutinizing the tenders under Section 10 of the Indian Contract Act, 1872 will not be interfered unless:
the decision is taken with a mala fide intention
the decision is arbitrary
either (A) or (B)
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