ECONOMICS
PROPERTY RIGHTS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
property
|
|
|
contracts
|
|
|
law
|
|
|
Congress
|
Detailed explanation-1: -(1) India, that is Bharat, shall be a Union of States. specified in the First Schedule.] (c) such other territories as may be acquired.
Detailed explanation-2: -Article 1(1) states that India, that is Bharat, shall be a Union of States. Article 1(2) states that the States and the territories will be specified in the First Schedule. Such other territories as may be acquired.
Detailed explanation-3: -A contract is an agreement which is made between at least 2 people in which both of them agree to perform an act or abstain from doing the act in return for some consideration. Section 2(h) of the Indian Contract Act has defined a contract as an agreement which is enforceable by law.
Detailed explanation-4: -(1) A contract is said to be induced by ‘undue influence’ where the relations subsisting between the parties are such that one of the parties is in a position to dominate the will of the other and uses that position to obtain an unfair advantage over the other.