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Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared
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the CLAT exam syllabus. Information about Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT.
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Here you can find the meaning of Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: Kindly read the passage carefully and answer the questions given beside.Section 25 of the Contract Act reads- “Agreements without consideration, void unless it is writing and registered or is a promise to compensate for something or is a promise to pay a debt barred by limitation law”. This section after defining consideration in definition clause in Sec. 2(d) declares that “consideration is the vital part of a valid contract” and also states some exception to the rule that it establishes and in such exceptions, the contract cannot be rendered void even if it is without consideration. The exceptions are: When the contract is in writing and registered When it is for compensating someone for his voluntary services for the promisor in the past. When it is a promise, signed or made in writing by the person or his agent to pay whole or part of a debt which is barred by the law of limitation. Note- In case of transfer of any gift from one person to another, this section does not affect its validity. Mere inadequate consideration in a contract does not render it to be void under this section. However, inadequacy may be taken into account to check whether the consent was free or not.Q.Mr. X and Mr. Y have entered into an agreement for the sale of Mr. Xs car to Mr. Y for Rs. 2 lakhs. Notably, the contract does not specify the consideration involved. Subsequently, once the contract has been carried out, Mr. Y declines to fulfill the agreed-upon payment to Mr. X, contending that the contract is void due to the absence of consideration. Which of the following options provides the most accurate explanation regarding the validity of the contract between Mr. X and Mr. Y?a)The contract is void because it lacks consideration, and none of the exceptions delineated in Section 25 of the Contract Act are applicable.b)The contract is void because it lacks adequate consideration, and Section 25 of the Contract Act does not permit contracts with insufficient consideration.c)The contract is not void because it falls within the exception detailed in Section 25 of the Contract Act, which encompasses oral contracts that do not necessitate consideration.d)The contract is not void because it falls under the exception outlined in Section 25 of the Contract Act, which encompasses contracts where the consideration is implied.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CLAT tests.