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A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, since
- a)There is no consideration.
- b)There is no intention to create legal relationship.
- c)There is no written document.
- d)There is no formal acceptance of the offer.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A invites B for his son wedding. B accepts the invitation. In this cas...
According to Section 10 of the Indian Contract Act, 1872, a contract to be valid must be made with an intention to create legal relationship. In the instant case, X invited Y for his son's wedding. Y accepted the invitation. Here, in this case, there is an agreement but not contract since one of the essential element of Section 10 viz. intention to create legal relationship is not present. Therefore there is no contract.
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A invites B for his son wedding. B accepts the invitation. In this cas...
Explanation:
Agreement and Contract:
An agreement is a meeting of minds between two or more parties where they agree to do or not to do something. A contract is a legally binding agreement that is enforceable in a court of law.
Elements of a Contract:
For a contract to be legally binding, it must have the following elements:
- Offer and acceptance
- Intention to create legal relationships
- Consideration
- Capacity to contract
- Free consent
- Lawful object
- Certainty and possibility of performance
Analysis of the given scenario:
In the given scenario, X invites Y for his son's wedding and Y accepts the invitation. Let's analyze the scenario based on the elements of a contract.
Offer and Acceptance:
- X has made an offer to Y to attend his son's wedding.
- Y has accepted the offer by agreeing to attend the wedding.
Intention to create legal relationships:
- In social and domestic agreements, there is usually no intention to create legal relationships. The invitation to a wedding is a social and domestic agreement.
- In this case, there is no intention to create legal relationships between X and Y.
Consideration:
- Consideration means something of value given by one party to another in exchange for something else.
- In this case, there is no consideration as X has not requested anything in return for the invitation and Y has not promised anything in return for attending the wedding.
Capacity to contract, Free consent, Lawful object, Certainty and possibility of performance:
- These elements are not relevant in this scenario as there is no contract.
Conclusion:
Based on the above analysis, we can conclude that there is an agreement between X and Y but no contract since there is no intention to create legal relationships.
Agreement and Contract:
An agreement is a meeting of minds between two or more parties where they agree to do or not to do something. A contract is a legally binding agreement that is enforceable in a court of law.
Elements of a Contract:
For a contract to be legally binding, it must have the following elements:
- Offer and acceptance
- Intention to create legal relationships
- Consideration
- Capacity to contract
- Free consent
- Lawful object
- Certainty and possibility of performance
Analysis of the given scenario:
In the given scenario, X invites Y for his son's wedding and Y accepts the invitation. Let's analyze the scenario based on the elements of a contract.
Offer and Acceptance:
- X has made an offer to Y to attend his son's wedding.
- Y has accepted the offer by agreeing to attend the wedding.
Intention to create legal relationships:
- In social and domestic agreements, there is usually no intention to create legal relationships. The invitation to a wedding is a social and domestic agreement.
- In this case, there is no intention to create legal relationships between X and Y.
Consideration:
- Consideration means something of value given by one party to another in exchange for something else.
- In this case, there is no consideration as X has not requested anything in return for the invitation and Y has not promised anything in return for attending the wedding.
Capacity to contract, Free consent, Lawful object, Certainty and possibility of performance:
- These elements are not relevant in this scenario as there is no contract.
Conclusion:
Based on the above analysis, we can conclude that there is an agreement between X and Y but no contract since there is no intention to create legal relationships.
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A invites B for his son wedding. B accepts the invitation. In this cas...
because, if the parties are intended to create legal obligation then only a valid contract exist else an obligation which gives rise to mere social or moral obligation only is not a contract,
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A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer?
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A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer? 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 A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer?.
A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer? 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 A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer?.
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A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of A invites B for his son wedding. B accepts the invitation. In this case there is an agreement but no contract, sincea)There is no consideration.b)There is no intention to create legal relationship.c)There is no written document.d)There is no formal acceptance of the offer.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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