_________ indicates that the parties are not further bound under the contract

Related MCQs

• 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
• Under the Contract Act, 1872 a person is said to be of sound mind for the purpose of making a contract if:
• 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
• When a person has done some work under a contract and the other party repudiates the contract, then the party who performed the work can claim remuneration for the work done. This is based on the principle of
• A contract entered into between the parties by words is called-
• When the parties mutually agree to change certain terms of the contract. This is called
• Where a contract has to be inferred from the conduct of parties, it is called
• Where the obligation in a contract is outstanding on the part of both parties, it is called
• A minor’s guardian is not liable to the creditor for breach of contract by the minor, if the contract is for __________