Tag: business law and contract act
Questions Related to business law and contract act
To claim reimbursement of money paid on behalf of another person, which of the following is not required?
In case of necessaries supplied to a person incompetent to contract, which of the following is true?
Surety may be discharged from liability:
Y. On the failure of payment by the main creditor
Z. If the creditor does any act which is against the rights of the surety
A person incurred expenses of RS. 5,000 for the necessaries supplied to a Minor. Which of the following is true?
X is a minor who had broken his left arm then doctor had treated him, how can the doctor regain his cost of treatment?
A minor got injured in his left leg in Football match. He engaged a doctor for treatment of leg. The doctor's claim for his services under the Indian Contract Act 1872 is _______.
F, a money lender, advances RS. 10,000 to J, an agriculturist and by undue influence, induces J to sign a bond for Rs. 20,000 with interest at 6% p.m. The court may set the Bond aside, ordering J to repay only Rs. 10,000 at such nominal interest as it may deem fit.
Claim for necessaries of life supplied to a minor can be enforced against _________.
An illiterate old woman made a gift deed of practically her entire property to her nephew who managed her affairs. The gift can be set aside on the grounds of -
X bought shares in a Company on the faith of a prospectus that contained an untrue statement as to the Directorship of J. X had never heard of J and hence such statement was immaterial from his view point. X claimed damages for fraud. His claim will be dismissed on the ground that ______.