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Indian Contract Act
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Q521

As per Section 4 of Indian Contract Act the communication of acceptance is complete as against the acceptor when

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Q522

In case of guarantee, the liability of the surety is

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Q523

A contract of 'Indemnity' under the Indian Contract Act, 1872, has been defined in Section

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Q524

A, who deals only in coconut oil, enters into an agreement with B to sell 50 tons of oil. The agreement is

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Q525

To create an agency

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Q526

An agreement not enforceable by law is:

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Q527

A' promises 'B' to drop a prosecution which he has instituted against 'B' for robbery and 'B' promises to restore the value of the things taken.

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Q528

An agreement not enforceable by law is said to be void under section . . . . . . . . of the Indian Contract Act.

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Q529

Consent is free under section 14 if not caused by

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Q530

Which of the following are not types of agents?
1. Del Credere
2. Pakka adatia
3. Broker
4. Factor

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Q531

A owes Rs 1 lakh to B. B is entitled to recover this amount from A. This is called

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Q532

Where two or more persons have made a joint promise, a release of one of such joint promisors by the promise:

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Q533

A sells, by auction to B, a horse which A knows to be unsound and A says nothing to B about the horse's unsoundness. Choose the correct option from the following

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Q534

Under Section 68 of the Indian Contract Act, the minor-

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Q535

The Indian Contract Act, 1872 defines 'Contract' in Section?

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Q536

Which among the following is generally referred to as the subtle species of fraud?

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Q537

A' has engaged the services of 'B', a financial planner, to make investments on his behalf. 'A' remits Rs. 10 lakhs to 'B' asking him to purchase stocks in company 'X'. 'B' finding investment in company 'Y to be possibly more lucrative invests the money in purchasing its shares. Company 'Y' goes into liquidation resulting in losses. Here:

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Q538

Consider the following statements:
1. According to Justice Patterson, consideration may be some benefit to the plaintiff or some detriment to the defendant.
2. According to Section 2(d) of the Indian Contract Act, the definition of consideration requires that the act or abstinence should be done by promisee only.
Which of the statements given above is/are correct?

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Q539

Which one of the following cases is not related to the damages for breach of contract?

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Q540

A owes B, under a contract, a sum of money, the amount of which has not been ascertained. A, without ascertaining the amount, gives to B, and B, in satisfaction thereof accepts the sum of Rs. 2000.
This is a discharge of

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