Indian Contract Act - Study Mode

[#1016] Quasi contractual obligations are based on the theory propounded by whom?
Correct Answer

(D) Lord Mansfield

[#1017] An apparently valid agreement may be vitiated if the consent is obtained erroneously regarding:-
Correct Answer

(C) Representation as to the nature of the transaction

[#1018] A contract is not frustrated:
Correct Answer

(A) By commercial impossibility

[#1019] Insurance is a:
Correct Answer

(A) Contingent contract

[#1020] Pledge under section 172 of Indian Contract Act has been defined as
Correct Answer

(C) Bailment of goods as a security for payment of a debt or for performance of a promise