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The Contract Act 1872
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The Contract Act 1872
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The Contract Act 1872
“Indemnity” means__________________?
Security for more profit
Security from damage or loss
An act for protection
Both A and B
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The Contract Act 1872
In pledge bailor is called_________________?
Pawnor
Pawnee
Both of above
None of above
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Comment
The Contract Act 1872
Every promise and every set of promises forming the consideration for each other____________?
An offer
A proposal
An agreement
None of above
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The Contract Act 1872
The person making the proposal is called_________________?
Promiser
Promisee
Both of above
None of above
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The Contract Act 1872
The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called___________________?
Contingent Contract
Bailment
Indemnity
None of above
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Comment
The Contract Act 1872
As per section 6 of the Contract Act, 1872 there are _______________ ways for revocation of proposal?
3
2
4
None of above
Author:
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Comment
The Contract Act 1872
A in consideration that B will employ C in collecting the rent of B’s zamindari, promises B to be responsible, to the amount of 5000 rupees for the due collection and payment by C of those rents. This is a________________?
Limited guarantee
Continuing guarantee
Restricted guarantee
None of above
Author:
rikazzz
Comment
The Contract Act 1872
A’s son has forged B’s name to a promissory note. B under threat of prosecuting A’s son obtain a bond from A for the amount of the forged note. If B sues on this bond ?
The Court can accept the suit
The Court may set aside the bonds
Both of above
None of above
Author:
rikazzz
Comment
The Contract Act 1872
In pledge contract bailee is called________________?
Pledger
Pawnee
Pawnor
None of above
Author:
rikazzz
Comment
The Contract Act 1872
Promise which forms the consideration or part of the consideration for each other is called_______________?
Conditional promise
Simple promise
Reciprocal promise
None of above
Author:
rikazzz
Comment
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