Indian Contract Act MCQ question and answer | Law MCQ question

X' agreed to supply 1000 tons of iron at Rs. 100 per ton to 'Y' to be delivered not later than 31^st January, 2002. 'X' also entered into a contract with 'A' for purchase of 1000 tons of iron at Rs. 80 per ton telling 'A' clearly that the iron is needed before 31^st January, 2002 for supply to 'Y' to fulfil the contract with Y. 'A' fails to supply the iron to 'X' who in tum failed to supply the same to 'Y'. In an action by 'X' against 'A'.

Mohoribibi v. Dharmodas Ghose is a case relating to:

In order to convert a proposal into a promise the acceptance must

T' coaches 'M', a minor, who is a student of Secondary School in Mathematics. Though there was no talk between the father of 'M' and 'T' with respect to any remuneration to be paid to 'T' yet the father of 'M' had knowledge of the coaching imparted by 'T'. After 'M' succeeded in his examination. 'T' demanded remuneration from father of 'M'. Which legal principle would govern the case at hand?

A promisee can accept the performance

A contract between two parties, both labouring under mistake of law is

Promissory estoppel is sometimes spoken of as a substitute for:

Consider the following statements in respect of acceptance:
1. In case of telephonic conversation, the contract is complete when the acceptor speaks the words of acceptance.
2. Conditional or qualified acceptance is also an acceptance.
3. Acceptance should be in the usual prescribed manner.
Which of the statements given above is/are correct?

What is correct of a standard form contract

The display of articles in a showroom with prices amounts to