An agreement made under mistake of fact, by both the parties, forming the essential subject matter of the agreement is:

Related MCQs

• When both the parties to an agreement are under a mistake as to a matter of fact essential to an agreement, the agreement is:
• Consider the following: 1. Active concealment of fact. 2. Promise made without any intention of performing it. 3. Breach of duty which gains an advantage to the person committing it. 4. Inducing mistake as to subject matter. Which of the above amount to fraud?
• An agreement caused by unilateral mistake of fact is:
• If both the parties to a contract believe in the existence of a subject, which infact does not exist, the agreement would be
• An insurance company paid money by mistake on a policy which had lapsed. Though the company was not ignorant of the fact of the lapse, this was overlooked at the time of payment. Can the company recover the amount?
• Liability of a person getting benefit under mistake has been described in the Indian Contract Act under:
• If the agreement is made by obtaining consent by doing an act forbidden by the Indian Penal Code, the agreement would be caused by:
• Mr. Kamal was levied Sales Tax on his forward transactions in bullion, which he paid. The levy of this tax was declared ultra vires. Mr. Kamal demanded refund on the amount of Sales Tax on the ground that payment was under a mistake of law. Which of the following is correct?
• If the performance of contract becomes impossible because the subject matter of contract has ceased to exist then :
• The subject matter of a valid sale are such goods which are