Chapter 7 8 9 & 10

Question 1

Reciprocal Promises:
Ch 7

Answer 1

the Promises which form the consideration or part of the consideration for each
other.

Question 2

Quasi contract 0R constructive contracts.

Ch 8

Answer 2

Quasi contract is an obligation imposed by law in absence of any agreement between the parties. A quasi-contract is not
an actual contract, but is a legal substitute formed to impose equity between two parties.
These are also known as constructive contracts.

Question 3

Breach of contract

Ch 9

Answer 3

Breach of contract occurs when a party either refuses or fails to perform his part of contract (other than when such performance is excused under the law).

Question 4

Agent:

Ch 10

Answer 4

An agent is a person employed to do any lawful act for another or to represent another (the Principal) in dealing with a third person.