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A and B are partners in a firm they agree to defraud a government department by submitting a tender in the individual name and not in the form name is this a valid agreement?
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A and B are partners in a firm they agree to defraud a government depa...

Validity of the agreement to defraud government department by A and B

  • Agreement to defraud


    • Illegal agreement

    • Against public policy

    • Void ab initio


  • Submitting a tender in individual name


    • Deceitful act

    • Intention to defraud


  • Not in the firm name


    • Violation of rules

    • Invalid tender



As per the given scenario, A and B have entered into an agreement to defraud a government department by submitting a tender in the individual name and not in the firm name. Let's discuss the validity of this agreement.

Agreement to defraud

Any agreement entered into with the intention to deceive or cheat is illegal and against public policy. Such an agreement is void ab initio and has no legal standing in the court of law.

Submitting a tender in individual name

Submitting a tender in an individual name instead of the firm name is a deceitful act and indicates an intention to defraud. It is a violation of the rules and regulations governing the tender process.

Not in the firm name

The tender submitted in the individual name instead of the firm name is invalid and cannot be considered by the government department. It is a violation of the rules and regulations governing the tender process.

Conclusion

The agreement entered into by A and B to defraud a government department by submitting a tender in the individual name and not in the firm name is illegal, against public policy, and void ab initio. The tender submitted in the individual name is invalid and cannot be considered by the government department.

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A and B are partners in a firm they agree to defraud a government department by submitting a tender in the individual name and not in the form name is this a valid agreement?
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A and B are partners in a firm they agree to defraud a government department by submitting a tender in the individual name and not in the form name is this a valid agreement? 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 A and B are partners in a firm they agree to defraud a government department by submitting a tender in the individual name and not in the form name is this a valid agreement? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners in a firm they agree to defraud a government department by submitting a tender in the individual name and not in the form name is this a valid agreement?.
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