Consider the following statements:
1. The minor is estopped from setting the defence of minority when by misrepresenting his age minor himself has induced the other party to enter into agreement with him.
2. Section 11 of the Indian Contract Act, 1872 declares that only minors and persons of unsound are incompetent to make contract.
A. Only 1 is correct
B. Only 2 is correct
C. Both 1 and 2 are correct
D. Both 1 and 2 are incorrect
Answer: Option D
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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