Indian Contract Act - Study Mode
[#486] If a person who is incapable of entering into a contract is supplied with necessaries by another person, then the latter shall:
Correct Answer
(B) Be reimbursed for such supplies from the property of such incapable person
[#487] Under a contract of guarantee
Correct Answer
(C) If principal debtor is liable, guarantor is liable
[#488] Match List I with List II and select the correct answer using the given below the lists: List I (Cases) List II (Principles) a. Satyabratha Ghosh v. Mugneeram 1. Anticipatory breach of contract b. West Bengal Financial Corp. v. Gluco Series 2. Frustration of contract c. Union of India v. Steel Authority of India 3. Novation d. Salima Jabeen v. National Insurance Co. 4. Unjust benefit under mistake
Correct Answer
(A) a-2, b-1, c-4, d-3
[#489] Choose the most appropriate answer to complete the statement- When consent to an agreement is caused by fraud, then in accordance with the Indian Contract Act, 1872
Correct Answer
(B) the agreement is a contract voidable from inception
[#490] Consider the following statements: 1. A claim for damages arising out of breach of contract is not debt. 2. A person who enters into a contract with Government does not necessarily thereby undertake any public duty. Which of the statements given above is/are correct?
Correct Answer
(B) 2 only