Indian Contract Act - Study Mode

[#341] Agreements that do not give rise to contractual obligations are not contracts.
Correct Answer

(A) True

[#342] What is excusable under Indian Contract law?
Correct Answer

(C) A mistake of foreign law

[#343] A agrees to sell to B a specific cargo of goods supposed to be on its way from England to Bombay. It turns out that before the day of the bargain the ship conveying the cargo had been cast away and the goods lost. Neither party was aware of these facts. The agreement is
Correct Answer

(C) Void

[#344] A contracts to act in a theatre for 6 months in consideration of a sum paid in advance by B. On several occasions A is too ill to act.
Correct Answer

(A) The contract to act on those occasions becomes void

[#345] In which of the following cases law of frustration was applied? Answer using given below: (1) Paradine v. Jane (2) Taylor v. Caldwell (3) Krell v. Henry (4) Cricklewood Property and Investment Trust Ltd. v. Leighton's Investment Trust Ltd.
Correct Answer

(D) (1), (2), (3) and (4)