MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Operating Profit Ratio

Which one of ...

Question

Which one of the following damage is not recoverable under the Indian Contract Act,1872?

A

Ordinary damages

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Special damages

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Nominal damage

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

None of the above

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D None of the above
Damages recoverable are
-Ordinary Damage.
-Special Damage.
-Exemplary / Punitive Damages.
-Nominal Damages.
-Liquidated Damages.

Suggest Corrections

thumbs-up

0

Similar questions

Q. As per Section 125 of Indian Contract Act, 1872, Indemnity-holder acting within the scope of his authority is entitled to recover _____.

Q. Assertion :A breach of contract gives rise to a right of the injured party to recover the damages. Reason: The purpose of payment of damages is to restore the position of both the parties in the same status in which they would have been, had they not entered into the contract.

Q. As per Section

20

of the Indian Contract Act, the contract is void on account of bilateral mistake of fact. But as per Section

22

of the Indian Contract Act, if there is mistake of only one party, then the contract is ___________________.

Q. Offer as defined under section 2(a) of Indian Contract Act as ___________.

Which of the following is not applicable in life insurance contract?

(a) Conditional contract

(b) Unilateral contract

(c) Indemnity contract

(d) None of the above

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Profitability Ratios

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Operating Profit Ratio

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon