Indian Contract Act - Study Mode

[#121] Agreement on the basis of mistake of one party under the Indian Contract Act, 1872 is
Correct Answer

(D) Not voidable

[#122] C, advances to B, his tenant Rs. 2,000 on the guarantee of A. C has also a further security for Rs. 2,000 by a mortgage of B's furniture. C cancels the mortgage. B becomes insolvent and C sues A on his guarantees.
Correct Answer

(B) A is not discharged from liability

[#123] Quantum meruit means:
Correct Answer

(B) Proportional earning

[#124] Under Indian Contract Act Publication of notice inviting tender is-
Correct Answer

(B) Notice inviting proposal

[#125] For the acts of the substituted agent
Correct Answer

(A) The agent is responsible to the principal