Question
Which of the following statements regarding contracts is
true?Solution
Two or more persons are said to consent if they agree upon the same thing in the same sense. Consent is said to be free when it is not caused by coercion, on undue influence, or fraud, or misrepresentation, or mistake. When consent to an agreement is caused by coercion, undue influence, fraud or misrepresentation, the agreement is a contract voidable (rescindable or terminable) at the option of the party whose consent was so caused. However, when consent to an agreement is caused by mistake as to a matter of fact essential to the agreement, the agreement is void.
What does Breach of Contract mean?
The boundaries of administrative law extend only when administrative agencies exercise or perform:
Which of the following provisions of the Indian Contract Act deals with "Frustration of Contract?"
To facilitate the conduct of arbitral proceedings, who can arrange for administrative assistance under the Arbitration and Conciliation Act?
In which case did “Lord Atkin: hold that the circumstances of the transaction which resulted in the death of the declarant will be admissible if such...
Which of the following statements is true as per the SEBI Act?
'A' is tried for the murder of 'B' by intentionally shooting him dead. In trial, the irrelevant fact is:-
Which of the following cases, the Supreme Court of India has held that when the bag of the it is commenced, it has to be continued from day-to-day"?
The holder must allow the drawee of a bill of exchange ……….. to consider whether he will accept it or not.
What is the time frame for filing an appeal to the National Commission against an order passed by the Central Authority under sections 20 and 21 of the ...
