Indian Contract Act - Study Mode
[#566] A loan given to the son at the instance of his father who executed all the essential documents is enforceable against the father because (1) it has sufficient consideration (2) consideration was provided by the father (3) it was done at the desire of the promisor (4) it was done at the request of the promisor
Correct Answer
(D) All of the above
[#567] When offer is accepted with a condition it is
Correct Answer
(C) Counter offer
[#568] Assertion (A): All illegal agreements are void, but all void agreements are not illegal. Reason (R): Only those agreements, of which the object or consideration is unlawful, are known as illegal agreements. Select the correct answer using the given below-
Correct Answer
(A) Both (A) and (R) are true and (R) is the correct explanation of (A)
[#569] Uncle telegrams to his nephew: If I hear no more about that black horse, I will consider the horse mine @ Rs. 3,00,000. Nephew to his Manager: Do not put that Black horse on auction as it has already been sold to my uncle. The manager diligently obeys the orders. The uncle never comes forward to pay Rs. 3,00,000 and take the black horse. The nephew
Correct Answer
(B) Cannot recover Rs. 3,00,000 through court of law as there was no contract
[#570] Section 25 of the Indian Contract Act lays down a few exceptions, when agreement made without consideration is not void. Which of the following is such an exception:
Correct Answer
(A) A written and registered agreement based on natural love and affection between near relatives