CA Foundation Exam > CA Foundation Questions > Which of the following are void contracts?a)A...
Start Learning for Free
Which of the following are void contracts?
- a)Agreement with unlawful consideration
- b)Agreement with inadequate consideration, if inadequacy is not supported by free consent.
- c)Agreement the meaning of which is certain
- d)Agreement in respect of legal proceedings
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Which of the following are void contracts?a)Agreement with unlawful co...
Void Contracts:
Void Contracts Examples:
Void contracts are agreements that are not legally binding and have no legal effect. They are considered as if they never existed. In general, a contract may be void if it lacks certain essential elements or if it violates the law.
Void Contracts Examples:
- Agreement with unlawful consideration: A contract is void if it involves consideration that is illegal or against public policy. For example, an agreement to engage in illegal activities or to harm someone would be void.
- Agreement with inadequate consideration, if inadequacy is not supported by free consent: If one party provides insufficient consideration for a contract, and this inadequacy is not due to a lack of free consent, the contract may be void. For instance, if someone agrees to sell their car for $1, but there is no evidence of coercion or fraud, the contract may be void due to the inadequate consideration.
- Agreement in respect of legal proceedings: Contracts made in relation to ongoing or potential legal proceedings may be void. This is because such agreements may interfere with the administration of justice or undermine the authority of the court.
Based on the given options, the void contract is A: Agreement with unlawful consideration.
It is important to note that void contracts are different from voidable contracts. Voidable contracts are initially valid but can be voided by one of the parties based on certain circumstances, such as fraud or undue influence.
Free Test
FREE
| Start Free Test |
Community Answer
Which of the following are void contracts?a)Agreement with unlawful co...
Option A is correct because void contract means a contract which ceases to be enforceable by law becomes void when it ceases to be enforceable.
which was right at the beginning but at the end it becomes void.
which was right at the beginning but at the end it becomes void.
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
Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer?
Question Description
Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect 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 Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect 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 Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer?.
Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect 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 Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect 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 Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect 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 Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which of the following are void contracts?a)Agreement with unlawful considerationb)Agreement with inadequate consideration, if inadequacy is not supported by free consent.c)Agreement the meaning of which is certaind)Agreement in respect of legal proceedingsCorrect 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
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup