Question
ABC Pvt. Ltd. entered into a contract with Mr. Rao for
supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent and his estate was taken over by the official assignee. ABC Pvt. Ltd. seeks to enforce the contract through court. Which of the following correctly describes the legal status of the contract?Solution
As per Section 56 of the Indian Contract Act, a contract becomes void due to frustration if a party becomes legally incapable of performance, such as insolvency.
Choose the word opposite in meaning to the given word.
Fidelity
Select the word which means the same as the group of words given.
Cure for all problems and diseases
Select the most appropriate synonym of the given word
Fascination
- Choose the word similar in meaning to the given word:
Voracious Unique
Amnesia
...In the following question, an idiomatic expression or a proverb has been given in bold—followed by four alternatives. Choose the one which best expre...
In the following questions, the descriptive sentence is aptly described by just one word. Select the choice which gives the meaning most appropriately...
In the following questions, out of the four alternatives, choose the one which best expresses the meaning of the given word as your answer.
E...
The situation in which everything is happening in a confused way -
