CA Foundation Exam > CA Foundation Questions > Which of the following elements does not affe...
Start Learning for Free
Which of the following elements does not affect the free consent of the parties
- a)coercion
- b)fraud
- c)incompetency
- d)undue influence
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Which of the following elements does not affect the free consent of th...
Elements that affect the free consent of the parties:
- Coercion: When one party is forced to enter into a contract under the threat of physical harm or other illegal actions.
- Fraud: When one party intentionally misrepresents facts or conceals information to deceive the other party and induce them to enter into a contract.
- Incompetency: When one party lacks the legal capacity to understand the terms and consequences of a contract, such as minors or individuals with mental disabilities.
- Undue Influence: When one party takes advantage of a position of power or trust to manipulate or control the decision-making of the other party.
Element that does not affect the free consent of the parties:
- Incompetency: This element does not affect the free consent of the parties because if a person lacks the legal capacity to understand the terms and consequences of a contract, their consent is not considered free. It is important to ensure that both parties have the ability to understand and consent to the terms of the contract for it to be legally binding.
- Coercion: When one party is forced to enter into a contract under the threat of physical harm or other illegal actions.
- Fraud: When one party intentionally misrepresents facts or conceals information to deceive the other party and induce them to enter into a contract.
- Incompetency: When one party lacks the legal capacity to understand the terms and consequences of a contract, such as minors or individuals with mental disabilities.
- Undue Influence: When one party takes advantage of a position of power or trust to manipulate or control the decision-making of the other party.
Element that does not affect the free consent of the parties:
- Incompetency: This element does not affect the free consent of the parties because if a person lacks the legal capacity to understand the terms and consequences of a contract, their consent is not considered free. It is important to ensure that both parties have the ability to understand and consent to the terms of the contract for it to be legally binding.
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
Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer?
Question Description
Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. 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 elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. 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 elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer?.
Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. 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 elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. 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 elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. 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 elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which of the following elements does not affect the free consent of the partiesa)coercionb)fraudc)incompetencyd)undue influenceCorrect answer is option 'C'. 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