Where a contract consists of reciprocal promises and such reciprocal promises are to be simultaneously performed:
A. Promisor need not perform his part of promise at all
B. Promisor need not perform his part of promise unless promisee is ready and willing to perform his reciprocal promise
C. Promisor has to compel promisee to perform his promise first
D. There is no valid contract at all
Answer: Option B
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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