Reciprocal promises, as per Section 2f of the Indian Contract Act, 1872, are mutual promises forming consideration for each other. For example, in a sale, the promise to deliver goods and the promise to pay form reciprocal promises.
English
30 Questions
50 Marks
30 Mins English English30 Questions50 Marks30 Mins English English30 Questions50 Marks30 Mins EnglishConsider the following statements -
1. Performance of a legal duty is no consideration for a promise.
2. Forbearance to sue has always been regarded as a valuable consideration
3. It is not necessary that consideration should be adequate to the promise
Which of the above statement/s is/are correct?
Match List I with List II and select the answer by using the Code given below the lists:
List I
A. Satyabrat Ghosh v. Manganeeram
B. Raj Rani v. Prem Adib
C. Entores Ltd. v. Miles for East Corporation
D. Harvey v. Facey
List II
1. Invitation to Offer
2. Communication of Acceptance
3. Minor's Agreement
4. Doctrine of Frustration
A B C D
Suggested Test Series
Suggested Test Series
Consider the following statements -
1. Performance of a legal duty is no consideration for a promise.
2. Forbearance to sue has always been regarded as a valuable consideration
3. It is not necessary that consideration should be adequate to the promise
Which of the above statement/s is/are correct?
Match List I with List II and select the answer by using the Code given below the lists:
List I
A. Satyabrat Ghosh v. Manganeeram
B. Raj Rani v. Prem Adib
C. Entores Ltd. v. Miles for East Corporation
D. Harvey v. Facey
List II
1. Invitation to Offer
2. Communication of Acceptance
3. Minor's Agreement
4. Doctrine of Frustration
A B C D
