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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?
- a)The trustee cannot recover anything from Rohan
- b)The trustee can recover to the extent of liabilities from Rohan
- c)The trustee can recover Rs. 10,000 from Rohan
- d)None
Correct answer is option 'B'. Can you explain this answer?
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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a t...
(B) The trustee can recover to the extent of liabilities from Rohan
Description: The trustees can recover to the extent of liabilities from Rohan and not the entire Rs. 10,000. If trustees wouldn't have incurred any liability on account of Rohan then Rohan was not at all responsible to compensate the trustees.
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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a t...
Explanation:
Liability of Promisor:
When a person makes a promise to make a gift, he creates a moral obligation on himself. However, such a promise does not create a legal obligation. In the given case, Rohan promised to make a gift of Rs. 10,000 towards the repairs of a temple. This promise does not create a legal obligation on him to pay the amount.
Liability of Trustees:
The trustees of the temple incurred liabilities on the faith of Rohan's promise. They expected him to fulfill his promise and, therefore, incurred expenses. Since Rohan did not pay the promised amount, the trustees suffered a loss.
Liability of Rohan:
Rohan did not create a legal obligation on himself to pay the promised amount. However, he created a moral obligation on himself. He promised to make a gift towards the repairs of the temple, and the trustees incurred liabilities on the faith of his promise. Therefore, Rohan should pay at least to the extent of the liabilities incurred by the trustees.
Conclusion:
Hence, it can be concluded that the trustees can recover the promised amount from Rohan to the extent of liabilities incurred by them. Therefore, option B is the correct answer.
Liability of Promisor:
When a person makes a promise to make a gift, he creates a moral obligation on himself. However, such a promise does not create a legal obligation. In the given case, Rohan promised to make a gift of Rs. 10,000 towards the repairs of a temple. This promise does not create a legal obligation on him to pay the amount.
Liability of Trustees:
The trustees of the temple incurred liabilities on the faith of Rohan's promise. They expected him to fulfill his promise and, therefore, incurred expenses. Since Rohan did not pay the promised amount, the trustees suffered a loss.
Liability of Rohan:
Rohan did not create a legal obligation on himself to pay the promised amount. However, he created a moral obligation on himself. He promised to make a gift towards the repairs of the temple, and the trustees incurred liabilities on the faith of his promise. Therefore, Rohan should pay at least to the extent of the liabilities incurred by the trustees.
Conclusion:
Hence, it can be concluded that the trustees can recover the promised amount from Rohan to the extent of liabilities incurred by them. Therefore, option B is the correct answer.
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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a t...
B
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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer?
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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. 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 Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. 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 Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer?.
Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. 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 Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. 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 Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer?.
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Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Rohan promises to make a gift of Rs. 10,000 towards the repairs of a temple. The trustees of the temple on the faith of his promise incurs liabilities. Rohan does not pay. Can the trustees recover the promised amount from Rohan ?a)The trustee cannot recover anything from Rohanb)The trustee can recover to the extent of liabilities from Rohanc)The trustee can recover Rs. 10,000 from Rohand)NoneCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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