Void Agreement

- A void agreement is a contract that has no legal effect from the beginning.
- It is essentially an agreement that is not enforceable by law.
- It does not create any legal rights or obligations for the parties involved.
- A void agreement is void ab initio, meaning it is void from the beginning.
- The Indian Contract Act, 1872 specifies certain conditions that render an agreement void.

Voidable Contract

- A voidable contract is a contract that is valid and binding at the time of formation, but which can be voided or canceled by one of the parties.
- The party with the power to void the contract has the option to either enforce or rescind the contract.
- The other party does not have the same right to void the contract.
- The Contract Act provides certain situations where a contract can be voidable, such as when there is coercion, undue influence, fraud, or misrepresentation.

Quasi Contract

- A quasi contract is a contract that is not created by the parties' agreement, but by operation of law.
- It is an obligation imposed by law to prevent unjust enrichment.
- It is based on the principle that no one should unjustly benefit at the expense of another.
- A quasi contract is not an actual contract, but a legal fiction created by the courts to provide a remedy in certain situations.

Contingent Contract

- A contingent contract is a contract that depends on the occurrence or non-occurrence of a specific event.
- The contract becomes enforceable only if the specified event happens or does not happen.
- The performance of the contract is contingent upon the occurrence or non-occurrence of the event.
- If the event does not occur, the contract becomes void.

Explanation

In the given scenario, Ashok Kumar agrees to impart training in hockey to Sachine, a minor, at a remuneration of Rs. 10,000 per month. This agreement is not void because it is not prohibited by law. However, it is not a voidable contract either because there is no element of coercion, undue influence, fraud, or misrepresentation involved. It is also not a contingent contract because the performance of the contract does not depend on the occurrence or non-occurrence of a specific event.

The correct answer is option C - Quasi Contract. This is because the agreement between Ashok Kumar and Sachine is not a formal contract that is created by the parties' agreement. It is a quasi contract created by operation of law to prevent unjust enrichment. Sachine is receiving training from Ashok Kumar, and it would be unjust for Sachine to benefit from the training without providing any remuneration. Therefore, the law imposes an obligation on Sachine to pay Ashok Kumar Rs. 10,000 per month for the training received. This obligation is based on the principle of preventing unjust enrichment and is not a result of a formal contract between the parties.