Indian Contract Act Preliminary Model Paper 19 - Online Mock Test

Alert! This test contains 0.25 negative marking.

Question 1 of 30 (Time Left: )

1 . A owes B Rs10,000. A enters into an arrangement with B and gives B a mortgage of his (A's) estate for 5.000 rupees in place of the debt of Rs10,000. This is a -

  1. new contract and extinguishes the old
  2. not a new contract
  3. does not extinguishes the old
  4. None of the above

123456789101112131415161718192021222324252627282930
Warning ! - JudicialCompetitionTimes.in do not take any responsibility for the correctness of the questions & answers posted on this website or any spelling mistake. Please co-relate the material at your source before relying on any material.