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Law · Q1266

Indian Contract Act

Graduate and Post Graduate · Law · question 1266

Q1266

Point out the incorrect statement:

A.
A party who rightfully rescinds a contract is entitled to compensation for his damages
B.
Where a person gives any bond for the performance of any act in which the public is interested, he shall be liable upon its breach, to pay the whole sum mentioned therein
C.
A party to the contract complaining of the breach is not entitled to receive any compensation from the other party, if no actual damage or loss is proved to have been caused thereby
Answer
D.
The rule of compensation for loss or damages caused due to the breach of a contract contained in Section 73 of the Contract Act, does not apply to void agreements

Answer: Option C

Solution

Answer: Option C
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