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Questions and Answers
What is the age of majority for entering into a contract as per the Indian Contract Act 1872?
Which of the following is not a type of contract as per the Indian Contract Act 1872?
In which section of the Indian Contract Act 1872, is the concept of 'Free Consent' defined?
What is the maximum number of persons that can be parties to a contract as per the Indian Contract Act 1872?
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Under the Indian Contract Act 1872, what is the general limitation period for filing a suit for breach of contract?
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In which section of the Indian Contract Act 1872, is the concept of 'Coercion' defined?
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Study Notes
Indian Contract Act 1872
- The age of majority for entering into a contract is 18 years.
- A "Wagering Agreement" is not a type of contract as per the Indian Contract Act 1872.
- The concept of 'Free Consent' is defined in Section 14 of the Indian Contract Act 1872.
- There is no maximum number of persons that can be parties to a contract as per the Indian Contract Act 1872.
- The general limitation period for filing a suit for breach of contract is 3 years from the date of breach, as per the Indian Contract Act 1872.
- The concept of 'Coercion' is defined in Section 15 of the Indian Contract Act 1872.
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Description
Test your knowledge of the Indian Contract Act 1872 with this quiz that covers topics such as age of majority for entering into a contract, types of contracts, concepts of free consent and coercion, maximum number of parties to a contract, and limitation period for filing suit for breach of contract.
