Indian Contract Act - Study Mode

[#681] Which one of the following statements about general offer is correct?
Correct Answer

(C) The general offer prescribes some condition to be fulfilled

[#682] Where both the parties are under mistake as to matter of fact, the contract under section 20 is
Correct Answer

(B) Void

[#683] The contract can be discharged by impossibility of performance specified in
Correct Answer

(C) Section 56 of the Indian Contract Act, 1872

[#684] The legal effect of void agreement and void contract is the same.
Correct Answer

(A) True

[#685] A promises to sell his house worth one crore to B for Rs. ten. Is the amount of Rs. ten valid consideration?
Correct Answer

(C) Valid only if decided with free will