Which of the following is correct under the Indian Contract Act, 1872?
A. An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards
B. All agreements are contracts but all contracts are not agreements
C. A person who is usually of sound mind, but occasionally of unsound mind, may not make a contract when he is of sound mind
D. The communication of a revocation is complete, as against the person to whom it is made, when it is put into a course of transmission to the person to whom it is made, so as to be out of the power of the person who makes it
Answer: Option A
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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