Indian Contract Act - Study Mode

[#981] All illegal contracts are void but all void contracts are not:
Correct Answer

(B) Illegal

[#982] The words not defined in the Specific Relief Act shall be understood according to
Correct Answer

(A) The Indian Contract Act

[#983] When a contract has been broken and a sum is named in the contract as the amount to be paid in case of breach, the party complaining of the breach is entitled to
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(D) Reasonable compensation not exceeding the sum stated

[#984] In Carlill v. Carbolic Smoke Ball Co., (1892) 2 QB 484, the court ruled-
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(D) An offer need not be made to an ascertained person

[#985] A contract without consideration under section 25 is
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(C) Void