Explain contract on the basis of legality / validity?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

CA Foundation Exam > CA Foundation Questions > Explain contract on the basis of legality / v...

Explain contract on the basis of legality / validity?

Join for Free

Join for Free

View all answers Start learning for free

Explore Courses for CA Foundation exam

Similar CA Foundation Doubts

Can you explain the answer of this question below:A contracts with B to buy a necklace, believing it is made of pearls whereas in fact it is made of imitation pearls of no value. B knows that A is mistaken and takes no steps to correct the error. Now A wants to cancel the contract on the basis of fraud. Which of the following statement is correct?A:A can cancel the contract alleging fraud.B:A cannot cancel the contract.C:A can cancel the contract alleging undue influence.D:A can claim damages.E:B knows that A is mistaken and takes no steps to correct the error. Now A wants to cancel the contract on the basis of fraud. Which of the following statement is correct? a. A can cancel the contract alleging fraud. b. A cannot cancel the contract.c. A can cancel the contract alleging undue influence. d. A can claim damages.The answer is b.

View answer

A contracts with B to buy a necklace, believing it is made of pearls whereas in fact it is made of imitation pearls of no value. B knows that A is mistaken and takes no steps to correct the error. Now A wants to cancel the contract on the basis of fraud. Which of the following statement is correct?

View answer

Explain the term "coercion" and describe its effect on the validity of a contract?

View answer

1. How would you determine whether an agreement is a contract? ”Every contract is an agreement but every agreement is not a contract.” Explain 3.What is an Illegal agreement? State the effects of Illegality. 4.Explain (Give brief answers):All illegal agreements are void but all void agreements are not illegal?

View answer

When an inferior right accruing to a party in a contract merges into a superior right accruing to the same party, then

View answer

Top Courses for CA FoundationView all

Quantitative Aptitude for CA Foundation

Accounting for CA Foundation

Business Laws for CA Foundation

Business Economics for CA Foundation

Mock Tests & Past Year Papers for CA Foundation

Top Courses for CA Foundation

View all

Explain contract on the basis of legality / validity?

Share with a Friend

Answer this doubt

Question Description
Explain contract on the basis of legality / validity? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Explain contract on the basis of legality / validity? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain contract on the basis of legality / validity?.

Solutions for Explain contract on the basis of legality / validity? 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 Explain contract on the basis of legality / validity? defined & explained in the simplest way possible. Besides giving the explanation of Explain contract on the basis of legality / validity?, a detailed solution for Explain contract on the basis of legality / validity? has been provided alongside types of Explain contract on the basis of legality / validity? theory, EduRev gives you an ample number of questions to practice Explain contract on the basis of legality / validity? tests, examples and also practice CA Foundation tests.

Explore Courses for CA Foundation exam