Correct option is A
The correct answer is: (a) A-IV, B-I, C-II, D-III
Detailed Explanation
Matching each legal concept under the Indian Contract Act, 1872 from List I to its corresponding statutory section in List II:
- A. 'Agent' and 'Principal' IV. Section 182 of the Indian Contract Act, 1872:
Section 182 defines an Agent as a person employed to do any act for another, or to represent another in dealings with third persons, and the Principal as the person for whom such act is done, or who is so represented.
- B. 'Bailment' I. Section 148 of the Indian Contract Act, 1872:
Section 148 defines Bailment as 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.
- C. Contract of Indemnity II. Section 124 of the Indian Contract Act, 1872:
Section 124 defines a Contract of Indemnity as a contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person.
- D. Contract of Guarantee III. Section 126 of the Indian Contract Act, 1872:
Section 126 defines a Contract of Guarantee as a contract to perform the promise, or discharge the liability, of a third person in case of his default.
English
10 Questions
20 Marks
12 Mins
