Under Section 32 of the Indian Contract Act, 1872, a contingent contract to do or not to do anything if an uncertain future event happens can be enforced by law only when that event:

A master asks his servant to sell his bicycle to him at a price well below the market value. The consent of the servant is presumed to be obtained by:

What is the primary principle underlying the payment of damages for breach of contract?

Under Section 131 of the Indian Contract Act, 1872, the death of the surety operates as a revocation of a: