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Indian Contract Act
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Q541

A gratuitous or bare promise, devoid of consideration, is called

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Q542

. . . . . . . . of the Indian Contract Act, 1872 prescribes that the acceptance must be made in a reasonable manner. If the proposer has prescribed a manner of acceptance, the acceptance must be made in that manner, if not so made, there is a contract only if the proposer 'accepts the acceptance'

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Q543

Which one of the following sentence is correct?

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Q544

A' promises to paint a picture for 'B' within 10 days at a price of Rs. 1,000. 'A' dies before the day. The contract is:

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Q545

Two parties entered into a contract. They later realised that the law as they understood as applicable was not in force in India, this makes their contract:-

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Q546

Which one of the following Sections of Indian Contract Act provides for the liability for necessary supplied to persons incompetent to contract?

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Q547

An agreement in restraint of marriage under section 26 is

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Q548

A, a jewellery wholesaler, leaves some jewellery at B's jewellery shop by mistake. B treats the jewellery as his own. Which one of the following remedies is available to A?

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Q549

Consider the following statements:
Consent obtained by mistake renders an agreement void if it is:
1. regarding value of the subject matter of the contract.
2. a mistake of fact by both the parties to the contract.
3. a mistake of law in force in India.
4. a mistake of foreign law by one party to the contract.
Which of the statements given above is/are correct?

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Q550

A employs B to beat C and agree to indemnify him against all consequences of the Act. B thereupon beats C and pays damages to C for so doing.

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Q551

X purchases a deep-freezer. As an 'offer', a free iron box was given as a gift along with the purchase. The iron box did not work properly and burnt X is expensive coat. Can X claim damages and ask for replacement of the iron box?

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Q552

A minor enters into agreement representing himself to be major
Consider the following statements:
1. Minor commits fraud if the other party does not have personal knowledge of his age
2. Such agreement is enforceable
3. The doctrine of estoppel does not apply in minor's case
4. Other party is entitled to get back the benefit passed to minor, if innocent about his age
Which of the statements given above are correct?

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Q553

The damages under section 73 of Indian Contract Act are

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Q554

A and B orally settle a dispute with the help of C. This oral settlement is:

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Q555

Consider the following statements:
1. The minor is estopped from setting the defence of minority when by misrepresenting his age minor himself has induced the other party to enter into agreement with him.
2. Section 11 of the Indian Contract Act, 1872 declares that only minors and persons of unsound are incompetent to make contract.

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Q556

Principal is a

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Q557

A contract performance of which becomes impossible or unlawful becomes

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Q558

In estimating the damage

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Q559

Surety stands discharged

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Q560

Section 74 of the Indian Contract Act, 1872 applies-

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