A agreed to let a room to B for holding music shows on a certain dates. Before any show wars organised the room has destroyed in an accidental fire. In this case, the contract becomes
A. void and is discharged
B. voidable at A's option
C. void, but not discharged
D. voidable at B's option
Answer: Option A
Related Questions on Legal Aspects of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B

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