A stipulation in a contract in the nature of penalty is

Related MCQs

• A stipulation in a contract of sale which is collateral to the main purpose of contract is called as
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• Are rights under a contract assignable unless the contract is personal in its nature?
• Each party to a contract is bound to perform his part of the obligation. After the parties have made due performance of the contract comes to an end. In such a case the contract is said to be discharged :
• Where there is a contract for the sale of specific goods, and the goods perish before the making of contract, without the knowledge of the seller, the contract is
• A stipulation for increased interest from the date of default is known as
• A warranty is stipulation
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• A gives a recognizance binding him in a penalty of `500 to appear in the court on a certain day. He forfeits his recognizance. He is: