Indian Contract Act - Study Mode

[#126] Consideration should be something in return of promise which
Correct Answer

(A) Both the law and parties regard, as having some value

[#127] A makes a contract with B to buy B's horse if A survives C.
Correct Answer

(B) This contract cannot be enforced by law unless and until C dies in A's lifetime

[#128] Unlawful detaining or threatening to detain any property with the intention of causing any person to enter into an agreement would amount to which one of the following?
Correct Answer

(D) Coercion

[#129] A contracts with B to repair B's house. B neglects or refuses to point out to A the places in which his house requires repair.
Correct Answer

(A) A is excused for the non-performance of the contract if it is caused by such neglect or refusal

[#130] Match List-I with List-II and select the correct answer using the given below: List-I (Types of Vitiating elements of a contract) List-II (Relevant case-law) a. Undue influence 1. Nursey Spg. and Wvg. Co. Ltd., Re b. Misrepresentation 2. Jaggan Nath v. Secy of State for India c. Fraud 3. Lancashire Loans v. Black d. Mistake 4. Derry v. Peek
Correct Answer

(C) a-3, b-1, c-4, d-2