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    Question

    Which of the following pairs does not match ?

    A Novation of contract - S. 64 Correct Answer Incorrect Answer
    B Wagering agreement - S. 30 Correct Answer Incorrect Answer
    C Anticipatory breach - S. 39 Correct Answer Incorrect Answer
    D Agreement on the happening of impossible event - S. 36 Correct Answer Incorrect Answer

    Solution

    Novation is covered under Section 62 of the Indian Contract Act, 1872. Novation is the act of replacing a legitimate existing contract with a new contract, where the transfer is mutually agreed by both parties concerned.

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