CMA Foundation MCQ – Breach of Contract and Remedies of Breach of ContractJanuary 10, 2026 Maven Leave a Comment Welcome to the CMA Foundation MCQ – Breach of Contract and Remedies of Breach of Contract Quiz! 1. Which of the following is an example of anticipatory breach? Express refusal before the due date Failure to deliver goods on due date Refusal to perform after due date Delay caused by accident None 2. Quantum meruit allows recovery when: Contract is fully performed Work is done gratuitously Contract is partly performed and discharged Contract is valid and completed None 3. Which of the following is NOT a remedy for breach of contract? Rescission Injunction Quantum meruit Novation None 4. Anticipatory breach discharges the contract when: The promisor refuses to perform The aggrieved party accepts the repudiation The contract is formed The court grants damages None 5. Which principle applies while assessing damages? Punishment Mitigation of loss Strict liability Estoppel None 6. Compensation under Section 73 is payable for loss: Remote and indirect Speculative Caused by third parties Naturally arising from breach None 7. Injunction is generally granted to: Compensate loss Prevent breach of negative promise Terminate the contract Punish the defaulting party None 8. Breach of contract means: Formation of a contract Performance of a contract Failure or refusal to perform a contractual obligation Discharge by agreement None 9. Specific performance is ordered when: Damages are adequate Monetary compensation is inadequate Contract is void Contract is illegal None 10. Under Section 74, compensation awarded: Must equal the penalty Must exceed the penalty Must be reasonable and not exceed the penalty Depends only on actual loss None Time's upRelated Posts:CMA Foundation MCQ - Elements of a ContractCMA Foundation MCQ - Capacity to contractCMA Foundation MCQ - Performance of ContractCMA Foundation MCQ - Legal Method and Court System in India
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