Indian Contract Act - Study Mode

[#1341] Assertion (A): Minor's contract is void. Reason (R): Mortgage executed in favour of a minor is enforceable by him.
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(B) Both (A) and (R) are true, but (R) is not the correct explanation of (A)

[#1342] The case related to minors agreement is void ab initio is
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(B) Mohoribibi v. Dharmadas Ghose

[#1343] A clause in the tender authorising the party inviting tenders to terminate the contract at any time for future supplies
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(B) Does not destroy the basis of the contract & the clause is valid

[#1344] The provision which provides for Compensation for loss or damage caused by breach of contract is provided in . . . . . . . .
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(C) Section 73 of contract Act

[#1345] Under Section 73 of the Indian Contract Act
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(C) Special damages can be claimed if the party breaking the contract is made known of the special circumstances at the time of contract