Generally, the following damages are not recoverable?
A contract dependent on the happening or non-happening of future uncertain event, is a
A contingent contract is
A contingent contract dependent on the happening of future uncertain event can be enforced when the event
A agrees to pay Rs. One lakh to B if he brings on earth a star from sky. This is a contingent contract and
Which of the following statements is true
A voidable contract is one which
On the acceptance of an offer by a offeree,
A, by a letter dated 25th December, 1998, offers to sell his house to B for Rs. 10 lakhs. The letter reaches B on 27th December, 1998, who posts his acceptance on 28th December, 1998 which reaches A on 30th December, 1998. Here, the communication of offer is complete on
In the previous question, the communication of acceptance is complete against A on 28th December, 1998, and against B on
As a general rule, an agreement made without consideration is
A agrees to sell his car worth Rs. 100,000 to B for Rs. 20,000 only, and A’s consent was obtained by coercion. Here, the agreement is
An agreement made with free consent to which the consideration is lawful but inadequate, is
Which of the following persons are not competent to contract?
For the purposes of entering into a contract, a minor is a person who has not completed the age of
A contract with the minor, which is beneficial for him, is
Which of the following persons do not fall under the category of persons of unsound mind?
Which of the following elements does not affect the free consent of the parties
When the consent of a party is obtained by coercion undue influence, fraud or misrepresentation, the contract is
A threatens to kill B if he does not agree to sell his scooter to him for Rs. 1000 only. Here B’s consent is obtained by
When the consent to an agreement is obtained by coercion, the agreement is voidable at the option of
Where one party is in a position to dominate the will of another and uses his superior position to obtain the consent of a weaker party, the consent is said to be obtained by
Which of the following acts does not fall under the categories of fraud?
Where the consent of a party is obtained by misrepresentation, the contract is
Which of the following statements is false?
Where the consent of both the parties is given by mistake, the contract is
As per section 20, the contract is void on account of bilateral mistake of fact. But as per Section 22, if there is mistake of only one party, then the contract is
The essential ingredients of Section 20 of the Indian Contract Act, 1872 are as follows:
(1) when both the parties make a mistake
(2) the mistake must be a mistake of fact
(3) the fact on which the parties are mistaken must be essential to the agreement.
But Section 22 relates to a situation where one of the parties is under a mistake of fact. The law states that in such a situation the contract will not become void ab initio and continue to be enforced like a valid contract.
A contract made by mistake about the Indian Law, is
Mistake of law can result in defeat of free consent as required for a valid contract. Mistake of law can be of Indian law or foreign law. Section 21 of the Indian Contract Act, 1872 states that a contract is not voidable if it has been induced by a mistake of law in force in India at the time of entering into the contract. But if it is a mistake of law not in force in India or foreign law, it is to be treated in the manner of mistake of fact. This is based on the maxim ignorantia juris neminem excusat or ignorance of law is no excuse.
A contract made by mistake about some foreign law, is
A mistake as to a law not in force in India has the same effect as:
The consideration or object of an agreement is considered unlawful, if it is
A agrees to pay Rs. 5 lakhs to B if he (B) procures an employment for A in Income Tax Department. This agreement is
A agrees to pay Rs. 50,000 to B if he kills C. The agreement is
Section 10 of the Indian Contract Act, 1872 requires that a contract must be based on a lawful object and lawful consideration. Section 23 of the Act states that for an object to be lawful it must not be forbidden by law. Murder is an offence under Section 300 of the Indian Penal Code, 1860. Therefore, it is forbidden by law.
An agreement in restraint of marriage, i.e., which prevents a person from marrying, is
An agreement in restraint of marriage is valid in case of following persons.
An agreement, which prevents a person from carrying a lawful business, is
An agreement in restraint of legal proceedings is void. It does not cover an agreement which
A agrees to sell his car to B at a price which B may be able to pay. This agreement is
An agreement to pay money or money’s worth on the happening or non-happening of a specified uncertain event, is a
An agreement to do an illegal act e.g., to share the earnings of a smuggling business, is