Q1221
Open questionThe effect of novation, rescission and alteration of contract is provided under-
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Law · all questionsIndian Contract Act
Indian Contract Act
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Q1222
Open questionWhether a contract in which time for performance of an obligation is not specified is a valid contract?
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Q1223
Open questionAn executory consideration is:
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Q1224
Open questionX' and 'Y' have jointly taken a loan from 'Z' with promise to repay the same with interest within two years. The loan is not repaid. 'Z' releases 'X' from liability and institutes a suit for recovery of the entire amount due from 'Y' alone. 'Z' in law is entitled to recover:
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Q1225
Open questionWhich of the following is not true?
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Q1226
Open questionWhich of the following is correct under the Indian Contract Act, 1872?
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Q1227
Open questionIn case of joint promise, generally the performance must be by:
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Q1228
Open questionUnder Section 20 of the Indian Contract Act, 1872 in case both the parties are under mistake as to matter of fact, the contract:
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Q1229
Open questionX' on 1st July, 2018 agrees to sell his house to 'Y' for a price of Rs. 1 crore, if the entire price is paid on or before 31st July, 2018 and for the price of Rs. 1,25,00,000/- after 31st July, 2018 but before 30th September, 2018. It was further agreed that if the entire price is not paid by 30th September, 2018, 'Y' shall not be entitled to purchase the house and the earnest money paid by 'Y' to 'X' shall stand forfeited. Such an agreement:
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Q1230
Open questionWhich of the following statement is correct?
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Q1231
Open questionWhich of the following statements are true?
(1) Minor's contract can be ratified on attaining majority.
(2) Minor's contract cannot be ratified on attaining majority.
(3) Minor's contract can be ratified jointly by both the parties to the contract.
(4) Minor is not liable under minor's contract.
(5) Minor's contract is an enforceable contract.
(1) Minor's contract can be ratified on attaining majority.
(2) Minor's contract cannot be ratified on attaining majority.
(3) Minor's contract can be ratified jointly by both the parties to the contract.
(4) Minor is not liable under minor's contract.
(5) Minor's contract is an enforceable contract.
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Q1232
Open questionIn which of the following cases it was held that the "Liability of guarantor is coextensive with that of principal debtors"?
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Q1233
Open questionA can tracts to sell and deliver 50 maunds of saltpetre to B, at a certain price to be paid on delivery. A breaks his promise.
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Q1234
Open questionFinder of lost goods under Indian Contract Act, 1872 is a:
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Q1235
Open questionAn executed consideration
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Q1236
Open questionAn agreement is valid
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Q1237
Open question'X', a Delhi merchant & native of Delhi entered into contract with 'Y', a Jabalpur merchant for the purchase of 50 quintals of Sitaphal. In Delhi Sitaphal is a vegetable, while in Jabalpur it is a fruit
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Q1238
Open questionWhich of the following sections of the Indian Contract Act, 1872 imposes on a person, who sues for damages, a duty to mitigate the loss consequent upon the breach of contract?
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Q1239
Open questionA contracts to pay B a sum of money when B marries C. C dies without being married to B.
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Q1240
Open questionWhich of the statements given below is/are correct?
1. An agreement, without consideration, in writing and registered, made on account of natural love and affection between parties standing in a near relation, is a valid contract.
2. If any part of a single consideration for one or more objects, is unlawful, the agreement is a voidable contract.
1. An agreement, without consideration, in writing and registered, made on account of natural love and affection between parties standing in a near relation, is a valid contract.
2. If any part of a single consideration for one or more objects, is unlawful, the agreement is a voidable contract.
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