UPHJS Exam, 2019 (Pre)— One-liners on Indian Contract Act, 1872
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| Sl. | Contents |
| (1) PRELIMINARY | |
| 1.1 | The Indian Contract Act, 1872 (hereinafter to as “the ICA”) consist of total Chapters—XI Chapter |
| 1.2 | The ICA extends to the whole of India except— the State of Jammu and Kashmir [Section 1] |
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(2) COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS |
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| 2.1 | The communication of a proposal is complete when it comes to the knowledge of the person—to whom it is made [Section 4] |
| 2.2 | In order to convert a proposal into a promise, the acceptance must be absolute and unqualified. It is so provided under Section—Section 7 |
| (3) VOIDABLE CONTRACTS AND VOID AGREEMENTS | |
| 3.1 | Which Section of the ICA provides that all agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void?—Section 10 |
| 3.2 | Every person is competent to contract who is of the age of—majority [Section 11] |
| (4) CONTINGENT CONTRACTS | |
| 4.1 | a contract to do or not to do something, if some event, collateral to such contract, does or does not happen is called—Contingent Contract [Section 31] |
| 4.2 | A contracts to pay B Rs. 10,000 if B‟s house is burnt. This is a—Contingent contract [Section 31] |
| (5) PERFORMANCE OF CONTRACTS | |
| 5.1 | True/ False: The parties to a contract must either perform, or offer to perform, their respective promises, unless such performance is dispensed with or excused under the provisions of this Act, or of any other law—True [Section 37]
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| 5.2 | True/ False: Promises bind the representatives of the promisors in case of the death of such promisors before performance, unless a contrary intention appears from the contract—True [Section 37] |
| (6) CERTAIN RELATIONS RESEMBLING THOSE CREATED BY CONTRACT | |
| 6.1 | Which Chapter of ICA deals with certain relations resembling those created by contract—Chapter V |
| 6.2 | A supplies B, a lunatic, with necessaries suitable to his condition in life. Here A is— entitled to be reimbursed from B‟s property [Illustration to Section 68] |
| (7) CONSEQUENCES OF BREACH OF CONTRACT | |
| 7.1 | True/ False: Compensation for breach of contract is not to be given for any remote and indirect loss or damage sustained—True [Section 73] |
| 7.2 | A contracts to repair B‟s house in a certain manner, and receives payment in advance. A repairs the house, but not according to contract. Here, B is—entitled to recover from A the cost of making the repairs conform to the contract [Illustration to Section 73] |
| (8) SALE OF GOODS | |
| 8.1 | Chapter 8 (Sections 76- 123) relating to sale of goods was originally part of ICA but was repealed by—Indian Sale of Goods Act, 1930 (3 of 1930) |
| (9) INDEMNITY AND GUARANTEE | |
| 9.1 | A contract by which one party promises to save the other from loss caused to him by the contract of the promisor himself, or by the conduct of any other person, is called— “contract of indemnity” |
| 9.2 | A “contract of indemnity” is defined under Section—Section 124 |
| (10) BAILMENT | |
| 10.1 | Any transaction involving the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them is known as –Bailment [Section 148] |
| 10.2 | A lends a horse, which he knows to be vicious, to B. He does not disclose the fact that the horse is vicious. The horse runs away. B is thrown and injured. A is—responsible to B for damage sustained [Illustration to Section 150] |
| (11) AGENCY | |
| 11.1 | A person employed to do any act for another, or to represent another in dealings with third persons is called—Agent [Section 182] |
| 11.2 | No consideration is necessary to create an agency. It is so provided under Section—Section 185 |
| (12) PARTNERSHIP | |
| 12.1 | Chapter 11 (Sections 239- 246) relating to partnership was originally part of ICA but was repealed by— Indian Partnership Act, 1932 |
| Prepared by team LegalMines. Typographical error, if any, is inadvertent | |
