Law · all questions

Indian Contract Act
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Q481

The pawnee has a right to retain the goods pledged:

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Q482

"B" accepts the proposal of "A" by posting a letter of acceptance to "A". This acceptance-

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Q483

When the consent to the contract is caused by coercion, the contract under Section 19 is

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Q484

An agreement to remain unmarried under Section 26 of the Indian Contract Act is

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Q485

Which of the following is not an essential element of a contract?

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Q486

Which of the following is not relevant in determining of quantum of damage

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Q487

As per section 4 of the Indian Contract Act, 1872, an offer is said to be accepted:

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Q488

An agreement consideration is

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Q489

Which one of the following observations is most appropriate of the given problem?
"A agrees to serve B as his house keeper and also to live in adultery with him at a fixed salary of Rs. 400 per Month"

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Q490

Consider the following statements-
(1) Performance of a legal duty is no consideration for a promise.
(2) Forbearance to sue has always been regarded as valuable consideration.
(3) It is not necessary that consideration should be adequate to the promise.
Which of the above statementls is/are correct?

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Q491

Accord and satisfaction are terms related to

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Q492

There can also be . . . . . . . . by estoppel

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Q493

When a bookseller advertises that he has a stock of books to sell, he is making

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Q494

Goods may be pledged

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Q495

Under Indian Contract Act, goods displayed in a shop window with a prize label will amount to-

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Q496

A valid Lease can be determined by

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Q497

A appoints B as his agent, by way of a power of attorney. This is an example of

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Q498

The communication of a proposal is complete when it comes to the

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Q499

PRINCIPLE: A contract is an agreement enforceable by law. All agreements are contracts if they are made with free consent by parties competent to contract for a lawful consideration and with a lawful object.
FACT: A, a 40-year-old businessman of sound mind, agrees to sell his bungalow worth 40 lakhs for 1 lakh. The agreement is:
(1) Invalid due to inadequate consideration
(2) Valid as there is lawful consideration
(3) Valid as A entered into it with free consent
(4) Valid because A has capacity to contract.

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Q500

A party rescinding a contract:

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