Consider the following statements:
1. Moses v. Macferlan is a prominent example of theory of unjust enrichment as propounded by Lord Mansfield.
2. According to this theory, the demands of justice and equity is to prevent the unjust enrichment of one person at the cost of another.
3. Sinclair v. Brougham has propounded the theory of "Implied-in-fact" contract to elaborate the nature of Quasi Contracts.
Choose the correct option from below:
A. 1, 2 and 3 are correct
B. Only 1 and 3 are incorrect
C. Only 1 and 2 are correct
D. Only 2 and 3 are correct
Answer: Option A
Indian Contract Act:- Gods displayed in showcase of a shop with price tag is -
A. Invitation to offer
B. Counteroffer
C. Communication
D. None of these
A. Is available to Y's representatives alone
B. Is available to Z alone
C. Is available to Y's representatives & Z both
D. Is available to Y's representatives & after the death of Z, his representatives
Moses v. Macferlan (1555-1774) is a case relating to
A. Theory of unjust enrichment
B. The right of lien
C. Test of agency
D. Doctrine of frustration
A. The active concealment of a fact by one having knowledge or belief of the fact
B. A promise made without any intention of performing it
C. The suggestion, as a fact, of that which is true, by one who does believe it to be true
D. None above
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