Moderate

Section 124 to 147, of the Contract Act, deals with _________________?

Correct answer: C. Both A and B

  • A. Contracts of indemnity
  • B. Contracts of guarantee
  • C. Both A and B
  • D. None of above

Explanation

Sections 124 and 125 concern indemnity, while sections 126 to 147 concern guarantees. Therefore, sections 124 to 147 collectively cover both subjects.

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Civil law governs disputes involving private rights, including contracts, property, family relations, torts and compensation. The subject explains breach of duty, civil liability, damages, specific relief, injunctions and other remedies, while distinguishing private claims between individuals from criminal proceedings brought to punish offences against the state.

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