A enters into contract with B. In this, B is guilty of fraud. A can now:

Rescind the contract but cannot get compensation

Rescind the contract and get compensation

The landmark case of Tweddle v. Atkinson is related with:

Anticipatory Breach of Contract

The principle of uberrimae fidei refers to:

The obligation of the person taking the insurance to disclose all the facts that might impact the assessment of risk truthfully and completely.

The nature and insurance contracts where one party may receive significantly more than the other party depending on how the circumstances evolve.

The nature and insurance contracts where one party draws the entire contract on a "take it or leave it" basis.

The transfer of insured's right of action against a third party who caused the loss to the insurer.

Which one of the following statutory pairs under the Indian Contract Act, 1872 is correctly matched?

Section 55: Frustration of contract

Section 56: Agreement in restraint of marriage

Section 16: Consent by coercion

Section 29: Agreements void for uncertainty

What does 'privity of contract' mean?

a common law doctrine that may invalidate an unfair contract

a contract may confer rights or impose obligations upon any person who is not a party to the contract

contract cannot confer rights or impose obligations upon any person who is not a party to the contract

a doctrine which does not allow operation of unlawful agreements

What is a standard form contract?

the terms and conditions of which are fair to both the parties

between two parties where terms of the contract are set by one party and the other has no ability to negotiate

the terms and conditions of which are set by some one other than the parties to contract

which is a contract made by the government

📖 Indian Contract Act, 1872•🎯 50 Practice MCQs

General Principles & Miscellaneous Provisions

Chapter-wise objective questions with statutory bare act articles, landmark Supreme Court case laws, and past judicial service citations.

Section 19Section 75Fraud Rescission CompensationChhat CJ 2022Unenforceable ContractFormalities RegistrationExecutory ContractTypes of ContractsTweddle v AtkinsonPrivity of ContractUPCJ 2022Privity Exceptions

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General Principles & Miscellaneous Provisions • 50 Questions

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