CA Foundation Exam  >  CA Foundation Questions  >  Which of the following statements is correct?... Start Learning for Free
 Which of the following statements is correct?
  • a)
    The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sue
  • b)
    A stranger to the contract as well as stranger to the consideration can sue
  • c)
    An agreement made without consideration on account of natural love & affection need not be registered
  • d)
    A past consideration is not a good consideration
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following statements is correct?a)The general rule is tha...
Stranger to consideration implies a promisee who has not furnished any consideration from the promise made to him. In other words, the consideration on behalf of promisee has been supplied by a third party. Consideration may move from promisee or any other person. Consideration from a third party is a valid consideration under English Law, however, consideration must move from the promisee only. A gifted certain property to her daughter with the condition that the daughter should pay an annuity to A’s brother B. However, the daughter failed to keep her promise and the brother sued the daughter to claim the annuity. It was held here that the words in Section2(d) “the promisee or any other person” indicate that a stranger to consideration may maintain a suit. It will be observed here that there was no contract between A’s daughter and B, but as a result of the agreement between A and his daughter, B was the beneciary and was entitled to the consideration, though he was a stranger to the contract. Therefore, a stranger to a consideration may enforce a contract. In India, a stranger to a consideration may enforce a contract but not a stranger to a contract.
View all questions of this test
Most Upvoted Answer
Which of the following statements is correct?a)The general rule is tha...
And affection is enforceable in some jurisdictions.

Answer: c) An agreement made without consideration on account of natural love and affection is enforceable in some jurisdictions.
Explore Courses for CA Foundation exam
Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer?
Question Description
Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. 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 statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. 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 statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. 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 statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following statements is correct?a)The general rule is that a stranger to the contract cannot sue, but a stranger to the consideration can sueb)A stranger to the contract as well as stranger to the consideration can suec)An agreement made without consideration on account of natural love & affection need not be registeredd)A past consideration is not a good considerationCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev