Question
Under Section 56 of the Indian Contract Act, 1872,
agreements whose object or performance becomes impossible are:Solution
Section 56 of the Indian Contract Act, 1872 declares frustration of contracts void ab initio when performance becomes impossible due to: (a) initial impossibility, (b) subsequent impossibility (destruction of subject matter, death/incapacity, change of law), or (c) illegality. This doctrine allocates risk fairly between disappointed parties.
Which of the following personality type is considered to be goal-oriented?
What is the maximum fee that an Investment Adviser (IA) is permitted to charge on assets held under a pre-existing distribution arrangement, when provid...
The nature of Human resources are-
Which of the following best describes a trait that is a pervasive characteristic of an individual and becomes the individual’s identity?
What does 'extraversion' as a personality type indicate?
The HRD function that focus on training given to employees for and up-skilling to achieve career goals is known as _________
A company redesigns a machine operator’s job by adding inspection responsibility, minor maintenance decisions, and authority to stop production if def...
The Five-Factor Model of personality describes the core personality traits by the acronym ‘OCEAN’. Which personality trait does A stand for?
...A newly launched fitness app becomes extremely popular after Virat Kohli, a famous Indian cricketer, publicly endorses it. Even individuals who previous...
Which of the following is the minimum number of constituents required for introducing derivatives on a Non-Benchmark Index (NBI) as per SEBI’s prudent...
