Indian Contract Act - Study Mode
[#721] In case of breach of contract, compensation can be claimed under section 73
Correct Answer
(A) For the proximate and natural consequences of breach
[#722] Past consideration means
Correct Answer
(C) The price paid or service rendered at the desire of the promisor followed by a subsequent promise
[#723] According to provisions of Indian Contract Act, 1872 void agreement and void contract is the same.
Correct Answer
(B) False
[#724] In which of the following cases it was held that the "Contract cannot be declared to have been frustrated because its performance had become more onerous on account of unforeseen circumstances"?
Correct Answer
(A) Premier Explosices Ltd. v. Chairman and Managing Director, Singareni Collieries Co. Ltd., AIR 2010 AP 107
[#725] Under section 146, the co-sureties are liable to contribute
Correct Answer
(A) Equally