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Questions and Answers
What is the scope of the Indian Contract Act?
What is the scope of the Indian Contract Act?
- It regulates labor contracts in India
- It covers all aspects of Indian law
- It applies only to contracts within the state of Jammu and Kashmir
- It controls various kinds of commercial and business contracts (correct)
When did the Indian Contract Act come into force?
When did the Indian Contract Act come into force?
- 15 August 1947
- 1 April 1950
- 1 January 1900
- 1 September 1872 (correct)
What does 'jus in personam' refer to in the context of the Contract Act?
What does 'jus in personam' refer to in the context of the Contract Act?
- Rights against the government
- Personal rights against a contracting party (correct)
- Rights over property
- Rights related to criminal law
What does the Contract Act provide in terms of rights and liabilities between parties to the contract?
What does the Contract Act provide in terms of rights and liabilities between parties to the contract?
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How many chapters is the Contract Act divided into?
How many chapters is the Contract Act divided into?
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