Question
Legal Studies Question on Laws of Contract
Select the most appropriate statement that applies to impossibility of performance or doctrine of frustration
A
Dissolution of contract occurs on the ground of breach.
B
Frustration should be due to the act or election of the party.
C
Rights of the parties are existed under section 65 of the Contract Act, 1872.
D
Rights of the parties are adjusted under section 65 of the Contract Act, 1872.
Answer
Rights of the parties are adjusted under section 65 of the Contract Act, 1872.
Explanation
Solution
The correct option is (D): Rights of the parties are adjusted under section 65 of the Contract Act, 1872.