Because of supervening event, the promisor is excused from the performance of the contract. This is known as

Related MCQs

• In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility?
• In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility?
• A contract in which one person promises to compensate the other for the loss suffered by him, due to the conduct of the promisor or of any other person, is known as
• Which of the following case is not covered by the concept of supervening impossibility?
• Where a party to contract transfers his rights under the contract to another person, it is legally known as
• A contract in which, under the terms of a contract, nothing remains to be done by either party is known as
• A contract in which, under the terms of a contract, one or both the parties have still to perform their obligations in future is known as
• In contract through sea route, where the seller has to put the goods on board a ship at his own expenses, the contract is known as
• If a contract provides for the payment of a certain amount on breach of a contract, such payment is termed as:
• Under the Contract Act, 1872 a person is said to be of sound mind for the purpose of making a contract if: