Indian Contract Act - Study Mode

[#456] Revocation of offer by letter or telegram can be complete:
Correct Answer

(B) When it is received by the offeree

[#457] What is the minimum consideration required to create an agency?
Correct Answer

(C) No consideration at all is required

[#458] Match the List I with List II and select the correct answer with the help of given below: List-I List-II a. Contingent Contract 1. Section 30, Contract Act b. Wagering Contract 2. Section 25, Contract Act c. Restraint from trade or business 3. Section 31, Contract Act d. Agreement without consideration 4. Section 27, Contract Act
Correct Answer

(B) a-3, b-1, c-4, d-2

[#459] A finds B's purse and gives it to him. B promises to give A Rs. 50.
Correct Answer

(A) This is a valid contract

[#460] The judicial basis of quasi-contractual obligation can be explained through the principle of:
Correct Answer

(C) Unjust enrichment