aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Indian Contract Act - IV
  • Death or insolvency of promisor results in discharge of c...
Multiple choice

Death or insolvency of promisor results in discharge of contract by

  1. impossibility of performance

  2. operation of law

  3. breach of contract

  4. remission

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

As the insolvent persons cannot continue the contract, the contract is discharged by the law.

Keep practicing — related questions

  • A party to a contract can be discharged from performing it if it becomes
  • The term given to rhythmic waves of contraction passing backwards over the gut wall resulting in the pushin...
  • When the promisor offers to perform his obligation under the contract to the promise, it is called
  • What two statements are true about the result obtained from calling Math.random()? 1. The result is less th...
  • A contract is valid only when there is valid consideration, but in case of contract of guarantee, no consid...
  • Why is insurance contract an adhesion contract?
  • Which of the following is/are true with regards to MWP Act cases? Statement I: Death claims are settled in ...
  • Insurance contracts are contracts of
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Contract Law (1453 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy