Indian Contract Act - Study Mode

[#241] A continuing guarantee may at any time be revoked by the surety by notice to the creditor:
Correct Answer

(A) As to future transactions

[#242] Finder of a lost thing which is commonly the subject of sale, may sell it when the lawful charges of the finder, in respect of the thing found amount to-
Correct Answer

(D) Two-thirds of its value

[#243] Which decision has laid down the principle that contract by a minor is void ab initio?
Correct Answer

(B) Mohori Bibi v. Dharmo Das Ghosh

[#244] A entrusts B with negotiable instruments endorsed in blank. B sells them to C in violation of private orders from A. The sale is
Correct Answer

(B) Good

[#245] One of the basic principles of the common law of contract is:
Correct Answer

(A) "That the parties to a contract are free to determine for themselves what primary obligations they will accept"