Indian Contract Act - Study Mode
[#481] A promise to pay a debt barred by the law of limitation, has been made enforceable under which section of the Indian Contract Act?
Correct Answer
(C) Section 25
[#482] A and B being traders, entered upon a contract. A has private information of a change in prices which would affect B's willingness to proceed with the contract
Correct Answer
(B) A is not bound to inform B
[#483] Which of the following is a valid acceptance of a proposal?
Correct Answer
(C) When an acceptance is made in a manner prescribed by the proposer
[#484] Responsibility of finder of goods is covered under:
Correct Answer
(B) Quasi contract
[#485] Consensus ad idem under a contract means:
Correct Answer
(B) Meeting of minds