Indian Contract Act - Study Mode
[#1051] Who said "Contract is an agreement creating and defining obligations between parties?"
Correct Answer
(B) Salmond
[#1052] Threatening to detain any property to the prejudice of any person with the intention of causing any person to enter into an agreement, is . . . . . . . .
Correct Answer
(A) Coercion
[#1053] P' a wholesale dealer in sugar, sells sugar to 'Q' with a condition that 'Q' shall not sell the sugar beyond one kilometer of 'P's godown. The agreement is
Correct Answer
(C) In restraint of trade and thus void
[#1054] A farmer promises to pay B Rs. 500 if it rains in the third week of June. It rains in the third week of June. The agreement is
Correct Answer
(C) An invalid agreement because it is a wager
[#1055] A 'Contingent contract' is a contract
Correct Answer
(C) To do or not to do something, if some event, collateral to such contract, does or does not happen