Indian Contract Act - Study Mode

[#416] What kind of damages can be granted under the Indian Contract Act, 1872:
Correct Answer

(B) Compensatory damages

[#417] A promisor can perform
Correct Answer

(D) Both A and B

[#418] Bank Guarantee is an independent contract between:
Correct Answer

(C) Bank and Beneficiary

[#419] A', intending to deceive 'B' falsely represents that five hundred tonnes of indigo are made annually at A's factory, and thereby induces 'B' to buy the factory. The contract is:-
Correct Answer

(B) Voidable at B's option

[#420] A person who finds good belonging to another, and takes them into his custody, is subject to the same responsibility as a/an:
Correct Answer

(B) Bailee