Which one of the following is the best statement about the Indian Contract Act?
A. It is an exhaustive code containing the entire law of contract.
B. It is an Act to amend certain parts of the law relating to contracts.
C. It is an Act to define certain parts of the law relating to contracts and contains only the general principles of contract.
D. It is not an exhaustive code containing the entire law of contracts being an Act to define and amend certain parts of law relating to contract
Answer:C
Which one of the following is the best statement about the Indian Contract Act?
A. It is an exhaustive code containing the entire law of contract. B. It is an Act to amend certain parts of the law relating to contracts. C. It is an Act to define certain parts of the law relating to contracts and contains only the general principles of contract. D. It is not an exhaustive code containing the entire law of contracts being an Act to define and amend certain parts of law relating to contract