Indian Contract Act - Study Mode
[#386] Tender is
Correct Answer
(B) An invitation to offer
[#387] Agency stands terminated
Correct Answer
(C) By the death, insolvency or insanity of either the principal or the agent
[#388] When goods are delivered by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them, the transaction is called a
Correct Answer
(D) Bailment
[#389] A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:
Correct Answer
(A) To pay the whole penalty
[#390] The inadequacy of consideration will be taken into account by a court of law:
Correct Answer
(C) When fraud, coercion or undue influence in the formation of the contract is pleaded