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 An agreement restraining a person from exercising a trade is
  • a)
    Valid 
  • b)
    Void
  • c)
    Voidable 
  • d)
    Illegal.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
An agreement restraining a person from exercising a trade isa)Validb)V...
It stipulates that an agreement, which restrains anyone from carrying on a lawful profession, trade or business, is void to that extent. ... Every agreement by which anyone is restrained from exercising a lawful profession or trade or business of any kind, is to that extent void.
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An agreement restraining a person from exercising a trade isa)Validb)Voidc)Voidabled)Illegal.Correct answer is option 'B'. Can you explain this answer?
Question Description
An agreement restraining a person from exercising a trade isa)Validb)Voidc)Voidabled)Illegal.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 An agreement restraining a person from exercising a trade isa)Validb)Voidc)Voidabled)Illegal.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 An agreement restraining a person from exercising a trade isa)Validb)Voidc)Voidabled)Illegal.Correct answer is option 'B'. Can you explain this answer?.
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