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Law · Q1426

Indian Contract Act

Graduate and Post Graduate · Law · question 1426

Q1426

A agrees to sell a horse worth Rs. 1,000 for Rs. 10. A's consent to the agreement was freely given.

A.
The agreement is a contract due to the adequacy of the consideration
B.
The agreement is a not contract notwithstanding the inadequacy of the consideration
C.
The agreement is a contract notwithstanding the inadequacy of the consideration
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
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