Indian Contract Act - Study Mode

[#1226] When consent to an agreement is caused by coercion, the agreement is
Correct Answer

(B) Voidable contract

[#1227] The maxim lex non cogit ad impossihilia is related to:
Correct Answer

(C) Both A and B

[#1228] Which one of the following propositions is correct?
Correct Answer

(D) A minor's contract is void but he is bound to pay for necessities supplied to him

[#1229] A directs B, his solicitor, to sell his estate by auction, and to employ an auctioneer for the purpose. B names C, an auctioneer, to conduct the sale.
Correct Answer

(A) C is not a sub-agent, but is A's agent for the conduct of the sale

[#1230] For a loan, when there is stringency in money market, a banker asks for unusually high rate of interest. A accepts the loan on the terms. This is a
Correct Answer

(A) Valid transaction in the ordinary course of business