Q961
Open questionAn agreement not to pursue legal remedies but to refer the dispute to the arbitrator under Section 28 of the Indian Contract Act is
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Law · all questionsIndian Contract Act
Indian Contract Act
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Q962
Open questionA and B contract that A shall deliver goods to B to be paid for by B on delivery.
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Q963
Open questionWhich one of the following is an essential component of a valid contract?
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Q964
Open questionAn agent, at the time of making the contract does not disclose the name and address of his principal but it comes known to the second party afterwards. In case of any default the second party may file a suit against
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Q965
Open questionConsider the following statements:
A person is said to be of sound mind for the purpose of making a contract if at the time of making it he is:
1. of the age of majority.
2. capable of understanding the contract though unable to form a rational judgment as to its effect upon his interest.
3. capable of understanding it and of forming a rational judgement as to its effect upon his interest.
Which of the statements given above is/are correct?
A person is said to be of sound mind for the purpose of making a contract if at the time of making it he is:
1. of the age of majority.
2. capable of understanding the contract though unable to form a rational judgment as to its effect upon his interest.
3. capable of understanding it and of forming a rational judgement as to its effect upon his interest.
Which of the statements given above is/are correct?
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Q966
Open questionX contracted with a tent house for erecting a shamiana for performing the marriage of his daughter. On the day of marriage, a curfew was clamped in the area preventing the celebration of the marriage. The shamiana owner claims the charges agreed to be paid by X. In the light of the above, which one of the following is correct?
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Q967
Open questionA compromise which is voidable under Indian Contract Act, 1872 shall not be deemed to be . . . . . . . . within the meaning of Order XXIII Rule 3 of Code of Civil Procedure, 1908
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Q968
Open questionUnder Contract Act, when consent to an agreement is caused by undue influence, the agreement is a . . . . . . . . contract.
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Q969
Open questionIf minor is supplied with necessaries:
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Q970
Open questionA continuing guarantee applies to
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Q971
Open questionA contracts to marry B, being already married to C, and being forbidden by the law to which he is subject to practice polygamy. This causes loss to B
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Q972
Open questionA' agrees to pay Rs. 1,000 to 'B' for his giving evidence in a civil suit. The contract is:-
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Q973
Open questionThe nature of an agreement made under the provisions of Section 20 of the Indian Contract Act, 1872 would be
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Q974
Open questionA proposal as defined under Section 2(a) of the Indian Contract Act, 1872, is:
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Q975
Open questionX' and 'Y' jointly take a loan, from 'Z' with promise to repay the loan amount with interest within two years. Soon after taking the loan 'X' is declared as an insolvent and remains insolvent till the date of repayment of loan. 'Y' also fails to repay the loan. 'X' on account of his status as insolvent enjoys immunity from legal proceedings. In these circumstances:
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Q976
Open questionWhich of these contracts has three parties consisting of creditor, principle debtor and surety:
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Q977
Open questionA valid contract at the initial stage ceases to be enforceable subsequently due to intervention of unforeseen factors. The contract will
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Q978
Open questionWhat will be effect of mistake of the law in force in India on the agreement?
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Q979
Open questionIn which case fraud is committed by silence?
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Q980
Open questionConsider the following statements:
1. Doctrine of frustration is not applicable when the rights and obligations of the parties arise under the Transfer of Property Act.
2. If and when there is frustration, the contract automatically comes to an end.
Which of the statements given above is/are correct?
1. Doctrine of frustration is not applicable when the rights and obligations of the parties arise under the Transfer of Property Act.
2. If and when there is frustration, the contract automatically comes to an end.
Which of the statements given above is/are correct?
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