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Questions and Answers
What is the main purpose of the Indian Contract Act, 1872?
What is the main purpose of the Indian Contract Act, 1872?
- To govern personal service contracts
- To establish guidelines for criminal contracts
- To define and amend certain parts of the law relating to contract (correct)
- To regulate international trade contracts
Which part of the Indian Contract Act, 1872 deals with general principles of the law of contract?
Which part of the Indian Contract Act, 1872 deals with general principles of the law of contract?
- Sections 200-300
- Sections 124-238
- Sections 1-75 (correct)
- Sections 75-124
What does the preamble to the Indian Contract Act, 1872 state?
What does the preamble to the Indian Contract Act, 1872 state?
- It is an Act 'to establish guidelines for specific types of contracts.'
- It is an Act 'to regulate all types of contracts.'
- It is an Act 'to define and amend certain parts of the law relating to contract.' (correct)
- It is an Act 'to abolish the law relating to contract.'
What does the Indian Contract Act, 1872 govern?
What does the Indian Contract Act, 1872 govern?
When did the Indian Contract Act, 1872 come into force?
When did the Indian Contract Act, 1872 come into force?