Indian Contract Act - Study Mode

[#156] An agreement to refer the dispute to the arbitrator is valid
Correct Answer

(C) Both A and B

[#157] Whether all agreements made without consideration are void?
Correct Answer

(A) No

[#158] A contract with B to pay B Rs. 1,000 if he fails to pay B Rs. 500 on that day.
Correct Answer

(A) B is entitled to recover form A such compensation, not exceeding Rs. 1,000, as the Court considers reasonable

[#159] Where one of the parties is under a mistake as to matter of fact the contract is
Correct Answer

(A) Valid

[#160] Which of the following deals with "Continuing guarantee" in the Indian Contract Act, 1872?
Correct Answer

(A) Section 129