Indian Contract Act - Study Mode
[#461] The branches Section 30 of the Indian Contract Act, 1872 declares:
Correct Answer
(D) All of them
[#462] Under the Indian Contract Act, an agreement by a heavily drunk person has the same consequence as that of:
Correct Answer
(A) A minor's agreement
[#463] Under the contract of guarantee, the liability of the surety
Correct Answer
(B) Cannot be limited & has to extend to the whole of the amount due from the principal debtor
[#464] A' applied for allotment of 100 shares in 'B' company. A letter of allotment addressed to 'A' was posted in due time, but it never reached 'A'. The posting of letter of allotment:
Correct Answer
(A) Completes the contract
[#465] The doctrine of 'privity of consideration' means:
Correct Answer
(C) Consideration may move from the promisee or any other person