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Law of Contract II (Specific Contracts) Complete notes

Contract Law II: Complete Notes

About this subject ▶ Watch this part of the lecture (0:00) Contract Law II has six units, from indemnity to how these rules work for governments and consumers. These contracts arise daily: handing car keys to a valet, pledging gold for a loan, buying a phone, starting a business with a friend. Conn…

126 min read

Law of Contract II (Specific Contracts) Complete notes

Law of Contract II

A Contract of Indemnity is defined under Section 124 of the Indian Contract Act, 1872. It refers to a promise by one party (the indemnifier) to save the other party (the indemnity-holder) from losses caused by the condu…

38 min read

Practice MCQs

1 practice question tests this section.

  1. 1 Prince holds a scooter as a repairer and has a lien of Rs. 5,000 over it. He pledges the scooter with a pawnee. What is the legal position of this pledge?
Practise Law of Contract I (General Principles) MCQs

Official text

We show statutory text only after checking it word for word against the official source. Read Section 179 of the Indian Contract Act, 1872 on India Code.

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