Fill in the blank: Free consent is defined as an agreement in the same sense by ___ parties. |
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True or False: An agreement entered under coercion is considered void from the outset. |
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False. An agreement entered under coercion is voidable at the option of the aggrieved party. |
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Undue influence occurs when one party is able to dominate the will of another and uses that power to obtain an unfair advantage. |
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Fill in the blank: Contracts where consent is obtained by undue influence are considered ___ at the option of the aggrieved party. |
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False. Mistakes of law are not excusable, and ignorance of the law does not provide a valid defense. |
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Fill in the blank: An agreement that is not expressly declared void by law is considered ___ under the Indian Contract Act. |
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What is the burden of proof in cases of coercion under the Indian Contract Act? |
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The burden of proof lies with the aggrieved party to prove that coercion occurred and that their consent was not freely obtained. |
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False. Consent obtained through fraud is not considered free consent under the Indian Contract Act. |
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Fill in the blank: The Indian Contract Act states that an agreement must be made for a ___ consideration and with a lawful object. |
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