Indian Contract Act - Study Mode
[#316] Section 74 of the Indian Contract Act, 1872 applies-
Correct Answer
(B) To cases where the aggrieved party is seeking to recover a fixed amount on breach of contract
[#317] Which statement is incorrect?
Correct Answer
(C) A proposal is revoked if the acceptor does not act on the proposal
[#318] Under Indian Contract Act, 1872, A promises B to drop a prosecution which he has instituted against B for robbery, and B promises to restore the value of the things taken. The agreement is
Correct Answer
(C) Void
[#319] Match List-I with List-II and select the correct answer using the given below the lists: List-I Lis-II a. Counter-Proposal 1. A. K. A. S. Jamal v. Maola Dawood b. Damages for breach 2. Hindustan Co-op. Insurance Societies v. Shyam Sunder c. Acceptance by conduct 3. Hyde v. Wrench d. Commercial Hardship 4. Ganga Saran v. Ram Charan Ram Gopal
Correct Answer
(D) a-3, b-1, c-2, d-4
[#320] Read Assertion (A) and Reason (R) and answer using the given below: Assertion (A): A contract is a property in the nature of a promise supported by some consideration upon which either the remedy of specific performance or that of damages is available. Reason (R): Above principle is laid down in Sunrise Associates v. Govt. of NCT of Delhi?
Correct Answer
(B) Both (A) and (R) are incorrect