5 Questions
What does the Indian Contract Act, 1872 regulate?
The Indian Contract Act, 1872 regulates the law relating to contracts in India.
On what principles is the Indian Contract Act based?
The Indian Contract Act is based on the principles of English Common Law.
How is a contract defined under Section 2(h) of the Indian Contract Act?
Under Section 2(h), the Indian Contract Act defines a contract as an agreement enforceable by Law.
What does the term 'acceptance' refer to as per Section 2(b) of the Indian Contract Act?
Acceptance, as per Section 2(b), refers to when the person to whom the proposal is made signifies his assent, the proposal is said to be accepted.
What are the two parts into which the Indian Contract Act may be divided?
The Indian Contract Act may be divided into two parts: Part 1 dealing with the General Principles of Law of Contract and Part 2 dealing with Special kinds of Contracts.
Test your knowledge of the Indian Contract Act, 1872 with this quiz. Explore the fundamental principles and legal provisions governing contracts in India. Assess your understanding of key concepts such as the definition of a contract, essential elements, and the enforceability of promises. Ideal for law students, professionals, and anyone interested in Indian contract law.
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