Indian Contract Act - Study Mode

[#761] A party who does not suffer any loss in case of contract is entitled to:-
Correct Answer

(D) Nominal damages

[#762] The rule about exclusion of oral evidence contained under Section 92 will apply in those cases where contract/grants or other disposition is
Correct Answer

(A) In writing whether or not required by law to be in writing

[#763] Read Assertion (A) and Reason (R) and answer by using given below: Assertion (A): An agreement would be void if both the parties to the agreement were under a mistake as to a matter of fact not essential to the agreement. Reason (R): Because Section 20 of the Indian Contract Act so provides.
Correct Answer

(D) Both (A) and (R) are incorrect

[#764] Which one of the following statements is correct? An agreement to which the consent of the promisee is freely given, is not void merely because the
Correct Answer

(B) Consideration is not adequate

[#765] According to Section 11 of the Contract Act, a person is incompetent to contract who is a:-
Correct Answer

(D) All of the above