The Indian Contract Act

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Questions and Answers

Which act regulates Indian contract law and is applicable to all states of India?

  • The Indian Contract Act, 1882
  • The Indian Contract Act, 1892
  • The Indian Contract Act, 1872 (correct)
  • The Indian Contract Act, 1862

Under which section does the Indian Contract Act define a contract as an agreement enforceable by law?

  • Section 2(h) (correct)
  • Section 3(c)
  • Section 4(e)
  • Section 1(a)

How many sections did the Indian Contract Act originally have?

  • 400
  • 300 (correct)
  • 200
  • 100

Which part of the Indian Contract Act deals with the General Principles of Law of Contract?

<p>Part 1 (C)</p> Signup and view all the answers

Which part of the Indian Contract Act deals with Special kinds of Contracts such as Contract of Indemnity and Guarantee?

<p>Part 2 (B)</p> Signup and view all the answers

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Study Notes

Indian Contract Act

  • The Indian Contract Act regulates Indian contract law and is applicable to all states of India.

Definition of a Contract

  • A contract is defined as an agreement enforceable by law under Section 2(h) of the Indian Contract Act.

Original Sections of the Act

  • The Indian Contract Act originally had 266 sections.

General Principles of Law of Contract

  • The general principles of law of contract are dealt with in Chapters 1-5 of the Indian Contract Act.

Special Kinds of Contracts

  • Special kinds of contracts, such as Contract of Indemnity and Guarantee, are dealt with in Chapters 8-10 of the Indian Contract Act.

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