Indian Contract Act - Study Mode

[#1271] A contracts with B to deliver to him, at a specified price, certain merchandise on board a ship which cannot arrive for a month, and B engages to pay for the merchandise within a week from the date of the contract. B does not pay within a week.
Correct Answer

(D) Both A and C

[#1272] As per Section 4 of Indian Contract Act the communication of acceptance is complete as against the acceptor when
Correct Answer

(A) It comes to the knowledge of proposer

[#1273] In case of guarantee, the liability of the surety is
Correct Answer

(C) Co-extensive with that of the principal debtor

[#1274] A contract of 'Indemnity' under the Indian Contract Act, 1872, has been defined in Section
Correct Answer

(A) 124

[#1275] A, who deals only in coconut oil, enters into an agreement with B to sell 50 tons of oil. The agreement is
Correct Answer

(A) Enforceable by law