AIBE Prep › Papers › AIBE XV — January 2021 › Q.79
← 78 ☰ Paper
79/100
Q.79
Contract, Specific Relief, Property & NI Act Medium Section in Options
Bare Act Indian Contract Act, 1872 · Section 124

Indemnity contract is defined under:

✓ Section 124 of the Indian Contract Act Answer
B Section 67 of the Indian Contract Act
C Section 127 of the Indian Contract Act
D Section 128 of the Indian Contract Act
📋

Explanation & Strategy

Click any section to expand · only one open at a time

An indemnity contract is defined under Section 124 of the Indian Contract Act as a contract by which one party promises to save the other from loss caused by the conduct of the promisor or any third person.

  1. 1 Look up the referenced provision in Indian Contract Act, 1872 to verify the answer.
At a Glance
Subject Contract, Specific Relief, Property & NI Act
Difficulty Medium
Act Indian Contract Act, 1872
Section Section 124
Answer (A) Section in Options
Paper AIBE XV — January 2021
Navigation
← Q.78 ☰ All Questions
🎯 Mock Test
Progress in Paper
Q.79 100 questions

79% through paper

📖 Open Book — Reading Mode Indian Contract Act, 1872