Tamil Nadu Board 11th Standard Commerce - Chapter 31: Book Back Answers and Solutions
This post covers the book back answers and solutions for Chapter 31 – Commerce from the Tamil Nadu State Board 11th Standard Commerce textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.
We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.
By going through this material, you’ll gain a strong understanding of Commerce Chapter 31 along with the corresponding book back questions and answers (PDF format).
Question Types Covered:
- 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following
- 2 Mark Questions: Answer briefly
- 3, 4, and 5 Mark Questions: Answer in detail
All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.
All the best, Class 11 students! Prepare well and aim for top scores. Thank you!
Chapter 31: DISCHARGE AND BREACH
OF A CONTRACT
I. Choose the correct answer
1. On the valid performance of the contractual obligation by the parties, the contract a. Is discharged
b. Becomes enforceable
c. Becomes void
d. None of these
Answer Key:
a. Is discharged
2. An agreement to do an act impossible in itself under Section.56 is
a. Void
b. Valid
c. Voidable
d. Unenforceable
Answer Key:
a. Void
3. Any agreement which becomes impossible to perform under various circumstances
a. Voidable
b. Void
c. Valid
d. None of these
Answer Key:
b. Void
4. Discharge by mutual agreement may involve
a. Novation
b. Rescission
c. Alteration
d. All of the above
Answer Key:
d. All of the above
5. The compensation given for breach of contract is
a. Damage
b. remuneration
c. Money
d. Cheque
Answer Key:
a. Damage
II. Very Short answer questions
1. What are the kinds of consent? - Express
- Implied
2. What are the types of Impossibility of Performance?
- Impossibility existing at the time of agreement.
- Impossibility arising subsequent to the formation of contract.
3. What are the types of Damages?
- Ordinary damages
- Special damages
- Vindictive or exemplary damages.
- Nominal damages
III. Short answer questions
1. What are the various types of remedies for the injured parties? (any 3) - Recission of Contract.
- Claim for Specific Performance.
- Claim for Injunction.
- Claim for Quantum Merit and
- Claim for Damages.
2. What are the types of cases the court may order injunction?
- If the contract is voidable.
- If the contract becomes void
- On discovering the contract as void
IV. Long answer questions
1. Explain the ways of discharge of Contract. Discharge by Performance
- Performance implies carrying out the obligation of the contract.
- Agreement between the parties comes to an end by mutually agreeing for it.
- A contract may be discharged if its performance becomes impossible.
- According to the Limitation Act, 1963 a contract must be performed within a specified time.
- A contract can be discharged by the operation of law
- Damages are a monetary compensation awarded by the court to the injured party for the loss or injury suffered by him.
- As per contract, one party can claim damages if other party breach the contract.
- The main purpose of awarding the damages is to make good the loss suffered by him.
- It is known as doctrine of restitution.
- The Section 73 of the Indian Contract Act, 1872 deals with the compensation for loss or damages caused by a party for breach of contract.
ii)Special damages.
iii)Vindictive or exemplary damages.
iv)Nominal damages.
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