In which one of the following cases, a contract becomes void on the ground of subsequent impossibility?
A. A agreed to supply certain quantity of Basmati rice to B in the month of December 2009. However, due to deficient monsoon rains in 2009, the prices of Basmati rice skyrocketed making it difficult for A to supply rice at the agreed price except at heavy losses
B. A agreed to supply B certain quantity of fabric at specified rate manufactured by AB Mills. However, due to indefinite workers' strike in the mill, A failed to supply the fabric to B
C. A contracts to act at a theatre for six months in consideration of a sum paid in advance by B. On several occasions A is too ill to act
D. A agreed to supply ten tons of sugar to B at a rate of Rs. 20 per kg. However, due to non-availability of adequate stock of sugar in the local market, A failed to supply sugar
Answer: Option C
This Question Belongs to Law >> Indian Contract Act
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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