Indian Contract Act - Study Mode
[#701] Following are some of the exceptions under which third parties, which are strangers to the contract, can bring law suit to enforce their rights arising out of a contract 1. In cases of agency and gifts 2. In case of provisions in marriage settlement of minors 3. Beneficiaries in case of trust 4. In case provision is made for the marriage or maintenance of a female member of the family on the partition of a Hindu Undivided Family
Correct Answer
(B) 2, 3, 4
[#702] Which one of the following statements is correct? Doctrine of frustration comes into play
Correct Answer
(C) When the object has failed
[#703] The law relating to tender of performance is contained in:
Correct Answer
(A) Section 37 of the Indian Contract Act, 1872
[#704] An agreement to keep the offer open for a certain period of time cannot be cancelled before the expiry of that time period if
Correct Answer
(B) It has sufficient consideration
[#705] A variance to the contract without surety's consent discharges him as to subsequent transactions between principal debtor and the creditor.
Correct Answer
(B) True