Indian Contract Act - Study Mode

[#256] Which of the following deals with agreement in restraint of marriage void in the Indian Contract Act, 1872?
Correct Answer

(B) Section 26

[#257] Ghanshyam and Afzal are good friends. They are traders and together keep on doing business transaction very often. In April 2016, they enter in a contract. Afzal has certain confidential information from his private sources about some change in prices that would affect Ghanshyam's willingness to proceed with the contract. As per Indian Contract Act, 1872, identify which of the following is applicable.
Correct Answer

(D) Afzal is not bound to inform Ghanshyam about the change in price

[#258] A's son forged B's name to a promissory note. B under threat of prosecuting A's son obtains a bond from A for the amount of the forged note. If B sues on this bond the court
Correct Answer

(C) May set aside the bond

[#259] In a valid contract, what comes first
Correct Answer

(D) Proposal

[#260] For the purpose of pledge, delivery of possession of goods
Correct Answer

(A) Has to be actual