Section 494
Circumstances In Which Obligation Is Created
(1) The obligation
under Section 493 shall be created and maintained as follows:
(a) By a law,
(b) By a contract,
(c) By an indirect or quasi-contract,
(d) By an unjust enrichment,
(e) By an unilateral commitment of any person to assume
obligation,
(f) By an act to be treated as tort under law,
(g) By an act to be treated as a quasi-tort under law.
(2) In regard to sub-section (1),
(a) The obligation referred to in clause (a) shall be created
under this Act or other law.
(b) The obligation referred to in clause (b) shall be created
under a contact entered into between the parties.
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(c) The obligation referred to in clause (c) shall be created
under an indirect or quasi-contact as defined in
hapter-15 of this Part.
(d) The obligation referred to in clause (d) shall be created
under an unjust enrichment as defined in Chapter-16 of
this Part.
(e) The obligation referred to in clause (e) shall be
determined under provision for creating obligation
under law through an unilateral commitment.
(f) The obligation referred to in clause (f) shall be created
under torts as defined in Chapter-17 of this Part.
(g) The obligation referred to in clause (g) shall be created
from the defective product as defined in Chapter-18 of
this Part or from other act to be deemed as a quasi-tort
under law.