CA Foundation Exam > CA Foundation Questions > X agrees to sell to Y 100 bags of salt which ...
Start Learning for Free
X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?
- a)No
- b)Y can claim the amount
- c)Y has the right to claim the goods
- d)None
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
X agrees to sell to Y 100 bags of salt which are in godown. Before the...
The correct answer is option 'A' - No.
Explanation:
When X agrees to sell 100 bags of salt to Y, there is a contract formed between them. However, before the date of delivery, the godown where the salt is stored gets flooded and the salt is destroyed. In this situation, Y does not have any rights against X for the following reasons:
1. Doctrine of Frustration: The doctrine of frustration applies when an event occurs after the formation of a contract, which makes it impossible to perform the contract. In this case, the flooding of the godown and the destruction of the salt can be considered as a frustrating event. As a result, the contract between X and Y is discharged, and both parties are released from their obligations under the contract.
2. Destruction of Subject Matter: The salt, which is the subject matter of the contract, has been destroyed due to the flooding. When the subject matter of the contract is destroyed without the fault of either party, the contract becomes impossible to perform. In such cases, the contract is considered frustrated, and the parties are not held liable for non-performance.
3. No Breach of Contract: Y cannot claim any rights against X because X has not breached the contract. The flooding and destruction of the salt were beyond X's control and were not caused by any fault or negligence on X's part. Therefore, X cannot be held responsible for the non-delivery of the salt.
4. No Remedies Available: Since the contract is frustrated, Y cannot claim any remedies such as damages or specific performance from X. The law recognizes that in cases of frustration, it is fair to release both parties from their obligations because the unforeseen event has made the performance of the contract impossible.
In conclusion, Y does not have any rights against X in this situation because the contract between them is frustrated due to the flooding and destruction of the salt. X cannot be held liable for the non-delivery of the salt, and Y cannot claim any remedies under the contract.
Explanation:
When X agrees to sell 100 bags of salt to Y, there is a contract formed between them. However, before the date of delivery, the godown where the salt is stored gets flooded and the salt is destroyed. In this situation, Y does not have any rights against X for the following reasons:
1. Doctrine of Frustration: The doctrine of frustration applies when an event occurs after the formation of a contract, which makes it impossible to perform the contract. In this case, the flooding of the godown and the destruction of the salt can be considered as a frustrating event. As a result, the contract between X and Y is discharged, and both parties are released from their obligations under the contract.
2. Destruction of Subject Matter: The salt, which is the subject matter of the contract, has been destroyed due to the flooding. When the subject matter of the contract is destroyed without the fault of either party, the contract becomes impossible to perform. In such cases, the contract is considered frustrated, and the parties are not held liable for non-performance.
3. No Breach of Contract: Y cannot claim any rights against X because X has not breached the contract. The flooding and destruction of the salt were beyond X's control and were not caused by any fault or negligence on X's part. Therefore, X cannot be held responsible for the non-delivery of the salt.
4. No Remedies Available: Since the contract is frustrated, Y cannot claim any remedies such as damages or specific performance from X. The law recognizes that in cases of frustration, it is fair to release both parties from their obligations because the unforeseen event has made the performance of the contract impossible.
In conclusion, Y does not have any rights against X in this situation because the contract between them is frustrated due to the flooding and destruction of the salt. X cannot be held liable for the non-delivery of the salt, and Y cannot claim any remedies under the contract.
Free Test
FREE
| Start Free Test |
Community Answer
X agrees to sell to Y 100 bags of salt which are in godown. Before the...
As it was uncertain n was not done purposely 4 any particular decievng int
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Top Courses for CA FoundationView all
X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer?
Question Description
X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer?.
X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice X agrees to sell to Y 100 bags of salt which are in godown. Before the date of delivery, the godown gets flooded salt were destroyed. Does Y has any rights against X?a)Nob)Y can claim the amountc)Y has the right to claim the goodsd)NoneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup