CA Foundation Exam > CA Foundation Questions > X of Mumbai agreed to sell 1000 bales of cott...
Start Learning for Free
X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.
Q.If war is declared between India & Pakistan
- a)Void on the ground of supervening impossibility
- b)Void on the ground of non-performance
- c)Voidable
- d)Void on the ground of commercial impossibility
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 of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to ...
Legal Position in Case of War Declaration between India and Pakistan:
There are four possible options given to determine the legal position in this case. Let's analyze each option to find the correct answer:
A: Void on the ground of supervening impossibility:
- This option suggests that the contract becomes void due to a supervening impossibility.
- If war is declared between India and Pakistan, it can be considered as a supervening impossibility, as it would make it impossible for X to deliver the goods in Karachi.
- This option seems to be the most appropriate legal position in this case.
B: Void on the ground of non-performance:
- Non-performance is a situation where one party fails to perform its obligations under the contract.
- While X failed to supply the goods, the reason for non-performance is crucial in determining the legal position.
- If the reason is war declaration between the two countries, it would fall under supervening impossibility rather than a mere non-performance.
C: Voidable:
- A voidable contract is one that can be either affirmed or rejected by the innocent party.
- In this case, the contract cannot be affirmed if war is declared between India and Pakistan, as it would make performance impossible.
- Therefore, this option does not seem to be the correct legal position.
D: Void on the ground of commercial impossibility:
- Commercial impossibility occurs when the performance of the contract becomes excessively burdensome or impracticable due to unforeseen circumstances.
- While war declaration may make performance impracticable, it is not merely a commercial impossibility but a supervening impossibility.
- Hence, this option does not accurately represent the legal position.
Conclusion:
Based on the analysis, option A: "Void on the ground of supervening impossibility" is the most appropriate legal position in this case. If war is declared between India and Pakistan, the contract would become void as it would be impossible for X to deliver the goods in Karachi.
There are four possible options given to determine the legal position in this case. Let's analyze each option to find the correct answer:
A: Void on the ground of supervening impossibility:
- This option suggests that the contract becomes void due to a supervening impossibility.
- If war is declared between India and Pakistan, it can be considered as a supervening impossibility, as it would make it impossible for X to deliver the goods in Karachi.
- This option seems to be the most appropriate legal position in this case.
B: Void on the ground of non-performance:
- Non-performance is a situation where one party fails to perform its obligations under the contract.
- While X failed to supply the goods, the reason for non-performance is crucial in determining the legal position.
- If the reason is war declaration between the two countries, it would fall under supervening impossibility rather than a mere non-performance.
C: Voidable:
- A voidable contract is one that can be either affirmed or rejected by the innocent party.
- In this case, the contract cannot be affirmed if war is declared between India and Pakistan, as it would make performance impossible.
- Therefore, this option does not seem to be the correct legal position.
D: Void on the ground of commercial impossibility:
- Commercial impossibility occurs when the performance of the contract becomes excessively burdensome or impracticable due to unforeseen circumstances.
- While war declaration may make performance impracticable, it is not merely a commercial impossibility but a supervening impossibility.
- Hence, this option does not accurately represent the legal position.
Conclusion:
Based on the analysis, option A: "Void on the ground of supervening impossibility" is the most appropriate legal position in this case. If war is declared between India and Pakistan, the contract would become void as it would be impossible for X to deliver the goods in Karachi.
Free Test
FREE
| Start Free Test |
Community Answer
X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to ...
I don't know
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
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer?
Question Description
X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect 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 of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect 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 of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer?.
X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect 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 of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect 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 of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer?.
Solutions for X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect 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 of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice X of Mumbai agreed to sell 1000 bales of cotton @ Rs. 999/bale and to deliver within a fortnight at buyers godown at Karachi. X failed to supply these goods. State the legal position in each case with explanation.Q.If war is declared between India Pakistana)Void on the ground of supervening impossibilityb)Void on the ground of non-performancec)Voidabled)Void on the ground of commercial impossibilityCorrect 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