List-I List-II (a) Remoteness of damage (i) Chief Secretary, State of Gujarat Vs Kothari and Associates (b) Proof of loss to be given to claim special damages (ii) Madras Railways Co. Vs Govind Rau (c) Loss of profit is special loss (iii) Karsandas H. Thacker Vs Saran Engg. Co. Ltd. (d) Consequences of delays in transit (iv) Union of India Vs Steel Stock Holders
This question requires matching specific legal principles listed in List-I with relevant landmark case laws provided in List-II.
The correct pairings are:
This specific combination of matches corresponds to Option B.
A contract is said to be discharged by rescission:
A. When terms of a contract are altered
B. When a party makes novation of a contract
C. When an aggrieved party exercises his option to avoid the contract
D. When a party to a contract waives his rights under the contract
E. Where none of the parties has performed its part for a long time and no other party has objected against it
Choose the correct answer from the options given below:
Which of the following statements are TRUE in a contractual capacity?
A. Law presumes that every person is competent to contract unless otherwise proved
B. That a minor can make a contract for necessities of life
C. That a person of unsound mind can enter into the family contracts
D. A convict cannot enter into a valid contract nor can sue
E. That a wife can always make valid business contracts and bind her husband
Choose the correct answer from the options given below: