According to Indian Contract Act, a promise is

Related MCQs

• When one of the parties to the contract has performed its part of the promise which constitutes the consideration for the promise by the other side, it is known as
• Where by the contract, a promisor is to perform his promise without application by the promise and no time for performance is specified the engagement must be performed within a reasonable time. The question "What is a reason able time" is in each particular case is a :
• After a proposal has been accepted and there is promise, can the promisor resile from the promise?
• Consider the following statements: Consideration is 1. A motive for any promise 2. A price for any promise 3. Only a moral obligation 4. Something of value in the eye of law Of these statements
• 'Consideration is the price for which the promise of the other is bought, and the promise thus given for the value is enforceable.' This definition of consideration is
• A contract which is vitiated by undue influence is declared as which one of the following by the Indian Contract Act?
• Rajeev entered into a contract with Lata to marry her on a fixed date. However, before the marriage date. Rajeev went mad. With reference to the Indian Contract Act which is the valid response?
• A contract or an obligation to perform a promise could arise in the following ways
• 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