Indian Contract Act - Study Mode
[#746] A agrees to sell a horse worth Rs. 1,000 for Rs. 10. A's consent to the agreement was freely given.
Correct Answer
(C) The agreement is a contract notwithstanding the inadequacy of the consideration
[#747] A contract entered into by a minor is:-
Correct Answer
(B) Void ab initio
[#748] Term 'Bailor' is defined in:
Correct Answer
(A) Contract Act
[#749] As per the Mirror Image rule:
Correct Answer
(B) The acceptance should be unconditional and thus should correspond to the offer
[#750] A and B go into the shop. B says to the shopkeeper "let him have the goods. I will ensure that you are paid". This is a contract of
Correct Answer
(C) Indemnity