Essence of ……. lies not in the dissimilarity of the terms between the two contracts but in the intention of the parties to supersede the old by the new.

Related MCQs

• Which of the following types of contracts are generally termed uberrimae fidei contracts? 1. Insurance contracts. 2. Contract for purchase of car. 3. Partnership contracts. 4. Quasi-contract. Select the correct answer using the code given below:
• Quasi-contracts or implied contracts are exceptional kinds of contracts by which:
• Where a party to a contract fails to perform at or before a specified time and it was the intention of the parties that time should be of the essence
• The law regarding Novation, i.e., where a new contract is substituted in place of the old one by means of an agreement between the parties to a contract or between them and a third party, is contained in
• Consider the following statements: 1. General offer require the communication of acceptance. 2. All contracts are agreements 3. All agreements are contracts 4. All illegal agreements are void agreements Which of the statements given above are correct?
• For the purpose of ascertaining the intention of the parties for the purpose of transfer of property in goods from the seller to the buyer regard shall be had to:
• For passing of property in respect of specific or ascertained goods, the intention of the parties can be ascertained from —
• An agreement to agree in future upon terms to be settled afterwards between the parties is
• Express offers and acceptances may be proved by the agreement between the parties but implied offers can be proved only by
• Contingent contracts to do or not to do anything if a specified uncertain event does not happen within a fixed time become