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Law · Q40

Indian Contract Act

Graduate and Post Graduate · Law · question 40

Q40

Consider the following statements and point out which of them is correct? 1. An Agreement made without consideration is void. 2. Consideration should have some value in the eyes of the law. 3. Consideration has to be adequate. Which of the statements given above is/are correct?

A.
1, 2 and 3
B.
1 and 3
C.
3 only
D.
1 and 2
Answer

Answer: Option D

Solution

Answer: Option D
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