Business Law - Business Law Section 2

1. Severance can be effected when the part severed can be removed by running a through it.

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2. Since a contract is concluded by the mere acceptance of an offer, the terms of the intended or proposed agreement must be indicated with sufficient definiteness in the offer itself. The terms of the offer must, therefore, be definite and certain. Which of the following cases held that the proposal must be sufficiently definite to permit the conclusion of the contract by mere acceptance?

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3. Subject to a contract between the partners, the firm shall indemnify a partner in respect to payments made and liabilities incurred by him:

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4. Sub-section 1 of Section 16 of the Indian Contract Act, 1872 requires the Court to try a case to consider which of the following?

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5. Sub-section of which of the following Section of the Indian Contract Act, 1872 shall not affect the provisions of section 111 of the Indian Evidence Act, 1872 (1 of 1872)?

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Business Law Section 2