[amp_mcq option1=”Indian Contract Act, 1882″ option2=”Indian Contract Act, 1972″ option3=”Indian Contract Act, 1872″ option4=”Indian Contract Act, 1888″ correct=”option1″]
The correct answer is: A. Indian Contract Act, 1882.
The Indian Contract Act, 1882 is an Act to codify the law relating to contracts. It was enacted by the British Parliament and came into force on 1st September 1882. The Act is divided into 32 chapters and deals with all aspects of contracts, including offer and acceptance, consideration, capacity to contract, void and voidable contracts, performance of contracts, breach of contract, and remedies for breach of contract.
The Act has been amended several times since its enactment. The most recent amendment was made in 2018. The Act is a comprehensive and well-drafted piece of legislation that has been widely adopted in other jurisdictions. It is considered to be one of the most important pieces of legislation in India.
The other options are incorrect because they are not the correct year of the Indian Contract Act.