Agreement without consideration is___________________?
Correct answer: B. Void
- A. Voidable
- B. Void
- C. Valid
- D. None of above
Explanation
Section 25 makes an agreement without consideration void, subject to specific statutory exceptions such as a written promise based on natural love and affection. Thus, the general rule is void rather than voidable.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Civil Law
Civil law governs disputes involving private rights, including contracts, property, family relations, torts and compensation. The subject explains breach of duty, civil liability, damages, specific relief, injunctions and other remedies, while distinguishing private claims between individuals from criminal proceedings brought to punish offences against the state.
Practise Civil Law
912 free Civil Law MCQs from Law and Constitution, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Law and Constitution questions like this
Law and Constitution is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Civil Law questions
A contract to do or not to do something if some event collateral to such contract does or does not happen is called___________________?
The term "Contingent" means ?
Agreement contingent on impossible events are________________?
Where both the parties are under mistake as to matter of fact the agreement is_________________?
A's son has forged B's name to a promissory note. B under threat of prosecuting A's son obtain a bond from A for the amount of the forged note. If B sues on this bond ?
Coercion, Fraud and misrepresentation makes contract_________________?