6. Which of the following legal statements is false? (a) A contract applicable by law is a contract [section 2] (D) The contract is valid since it is a contract between two parties with their free consent. Facts: XYZ Bank lends 40,000 en to Sabu to reward Randeep, the winner of the horse race. Subsequently, Sabu refused to pay the prize and stated that horse racing was a betting agreement. XYZ Bank can get money back from Sabu. (B) The agreement is inconclusive because the rupees are excessive 5.00,000/- (A) This agreement is non-applicable and is unenforceable because it is a trade restriction. Q8. Principle: a trade restriction agreement is non-applicable and unenforceable. An agreement with unsafe conditions is not valid. Q1.
Principle: the sale of spirits is illegal. Not all agreements on prohibited sections exist in the eyes of the law. Statement – According to the principle given, the agreement between A and B is null and void, so that no action can be brought against A. 18. In trade and trade agreements, the parties` intention to establish a legal relationship is a) presumed (b) explicitly written (c) Irrelevant or d) Not applicable. Q4. Legal principle: A bet/bet agreement is not legally applicable. Explanation – The agreement between A and B not only prevented A from activity, but it was not clear with respect to the amount to be paid from B to A, on the basis of which option (C) is correct. 11. Any agreement and promise that is enforceable by law is …. (a) Statement of offer – The terms of the agreement are null and void for the reason of option (B) itself.
Facts: Has reached an agreement with B for the sale of spirits. A did not provide the agreed amount of alcohol to B. (A) Yes, this is only a collateral agreement for horse racing and the bank can therefore recover Sabu`s money. Statement – In accordance with pre-established legal principle, the agreement between Somu and Manu is cancelled because it deters Somu from its commercial activities. 3. The contract is defined as an enforceable agreement by law, empty section … From the Indian Contract Act. Sally contracts with her employer that she will have a salary of $35,000 per year plus a cash payment of $20,000 at the end of the year that will not be reported, resulting in tax evasion. Sally`s employer refused to pay her the $20,000. Can Sally sue to pay $20,000? (C) The agreement is valid, as is the public service`s consideration of the freezes. 28. „Consensus – ad – ditto“ means ………
(a) General Consensus (b) Meeting of minds on the same thing in the same direction (c) Getting an agreement (d) Obtaining a contract 1.An agreement consists of reciprocal promises between at least (C) Thomas does not need to share the three lakh with Raja and Hoja, as it is the result of an inevitable agreement.