Other Essentials of a Valid Contract – Test 12

Unilateral Mistake is not allowed as a defence to avoid a Contract.

If a student agrees to gift to his educational Guru, his entire property in return for attainment of goal. The agreement can be set aside on grounds of

X a Minor, entered into a contract for borrowing sum of Rs.10,000 out of which lender paid him a sum of Rs.4,000 X executed mortgage of property in favour of the lender. The mortgage is

Which one of the following is a void agreement.

Any agreement for the purpose or to the effect of using improper influence of any kind with Judges or Officers of Justice is

Erroneous opinion as to value of subject matter is not a Mistake of Fact.

An illiterate old woman made a gift deed of her house property to her nephew who managed her affairs. The gift can be set aside on the grounds of

A Minor cannot be adjudged insolvent

Contracts for compounding or suppression of criminal charges are

Which of the following agreements which one is not void ?

X offers, to sell a painting to Y which X knows is the copy of a well known masterpiece. Y thinking that the painting is original decides to buy it at a very high price. Is this a valid contract ?

A illiterate farmer executed a gift deed in favour of his relatives who looked after his daily needs and his cultivation. The relatives were in a position to dominate his will. The gift deed is voidable at the option of

A Minor cannot become a partner but

Which of these are opposed to public policy ?

Section _______ of the Indian Contract Act deals with “Void Contract”.

X sold rice to Y by sample and Y thinking that they were old rice purchased them. but, the rice were new. In this situation

A minor girl who lost her parents lived with her cousin brother who was in the position of her parents. She executed an unconsionable gift deed in his favour. this gift deed can be set aside on grounds of

Which of the following statement are correct ?

Which of the following statement are correct ?

In a Contingent Contract, the future event is the ________ in determining the agreement

Neither party should have interest in the happening (or non-happening) of the event other than

Section _______ of the Indian Contract Act deals with “Voidable Contract”.

X, came in person to jeweller’s shop and chose some jewels. The Jeweller was prepared to sell to him as a casual customer. X tendered payment by cheque signing in the name of Y, a person of credit. X later took the jewels, which he pledged Z. The pledge made with z is

The burden of proof that consent was obtained by undue influence lies on

X, a minor, by fraudulently representing himself to be a major, induce Y to lend him Rs.10,000. He refused to repay it and Y sued him for the money. Then the contract is

Two persons have the capacity to contract

In a Wagering Agreement, the future event is the _______ in determining the agreement.

To constitute wager, the promise should be to pay money or money’s worth only.

Under void contract, there is no legal remedy for the parties to the contract. Even the Court will not permit performance of the contract even if the parties desire.

Contracts under unilateral mistake are _______ if such mistake is caused by the fraud/ misrepresentation of the other party.