Target Exam

CUET

Subject

Legal Studies

Chapter

Judiciary

Question:

Match List I with List II

LIST I

LIST II

A. Waiver

I. Cancellation of all or some terms of contract

B. Alteration

II. Substitution of a new contract for an old contract

C. Rescission

III. Parties to a contract abandon their mutual rights

D. Novation

IV. Modification of terms of contract

Choose the correct answer from the options given below:

Options:

A-I, B-III, C-II, D-IV

A-III, B-IV, C-I, D-II

A-II, B-I, C-IV, D-III

A-IV, B-II, C-III, D-I

Correct Answer:

A-III, B-IV, C-I, D-II

Explanation:

The correct answer is Option (2) → A-III, B-IV, C-I, D-II