Indian Contract Act - Study Mode

[#881] A stipulation for increased interest from the date of default is known as
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(B) Penalty

[#882] Contract Act- Mere silence is not fraud unless
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(D) All of these

[#883] Under Indian Contract Act, 1872, destruction of subject matter of contract leads to:
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(B) Discharge by impossibility

[#884] A person, who sues for damages, under the law of contract:
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(A) Has a duty to mitigate the loss consequent upon the breach of contract

[#885] In case of bailment by joint owners
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(D) Either A or C