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Law · all questions

Indian Contract Act
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Which statement is incorrect?

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Under Indian Contract Act, 1872, 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. The agreement is

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Match List-I with List-II and select the correct answer using the given below the lists:
List-I Lis-II
a. Counter-Proposal 1. A. K. A. S. Jamal v. Maola Dawood
b. Damages for breach 2. Hindustan Co-op. Insurance Societies v. Shyam Sunder
c. Acceptance by conduct 3. Hyde v. Wrench
d. Commercial Hardship 4. Ganga Saran v. Ram Charan Ram Gopal

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Read Assertion (A) and Reason (R) and answer using the given below:
Assertion (A): A contract is a property in the nature of a promise supported by some consideration upon which either the remedy of specific performance or that of damages is available.
Reason (R): Above principle is laid down in Sunrise Associates v. Govt. of NCT of Delhi?

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Under Indian Contract Act, which of the following contracts is not a valid contract?

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The liability of bailee, as regards the goods is equivalent to that of

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Section 74 applies to

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Which of the following deals with agreements by way of wager, void in the Indian Contract Act, 1872?

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A sells his property worth Rs. one crore to B for Rupees one lac. Is the contract enforceable?

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Inadequacy of consideration does not make the contract

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Which of the following statements is correct?

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What kind of damages can be granted under the Indian Contract Act, 1872:

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A promisor can perform

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Bank Guarantee is an independent contract between:

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A', intending to deceive 'B' falsely represents that five hundred tonnes of indigo are made annually at A's factory, and thereby induces 'B' to buy the factory. The contract is:-

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A person who finds good belonging to another, and takes them into his custody, is subject to the same responsibility as a/an:

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Almost all insurances other than insurances are contracts of indemnity

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Who can demand performance of the promise:

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Which of the following agreement(s) is/are void? 1. Agreement without consideration.
2. Agreement in restraint of legal proceedings.
3. Agreement affected by fraud.
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X enters into a contract with Y, for which Y is guilty of fraud. X can:

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