Which Section of the Indian Contract Act, 1872 provides that a person who rightfully rescinds a…
Section 75 of the Indian Contract Act, 1872 gives a party who rightfully rescinds a contract a right to compensation for damage sustained through non-fulfilment of that…
Choose your answer
Which Section of the Indian Contract Act, 1872 provides that a person who rightfully rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract?
Answer and explanation
Correct answer B
Section 75 of the Indian Contract Act, 1872 gives a party who rightfully rescinds a contract a right to compensation for damage sustained through non-fulfilment of that contract.
Option feedback
Option A
Section 22 concerns a mistake of fact by only one party.
Option B
Section 75 provides for compensation for loss from non-fulfilment when a party rightfully rescinds the contract.
Option C
Section 43 concerns performance by joint promisors and contribution between them.
Option D
Section 45 concerns the devolution of joint rights to claim performance.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
Assam Judicial Services
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Supreme Court Law Clerk and Research Associate
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision