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AIBE question and official answer

AIBE XV 2021 Set A Question 58

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Question 58 of 100 AIBE XV 2021 Set A

Under Section 70 of the Indian Contract Act, Where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore, the thing so done or delivered. This principle is known as

  1. A A Contract of Uberrimae fide
  2. B Implied Agency
  3. C Quantum meruit Official answer
  4. D De nova contract

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