A loan given to the son at the instance of his father who executed all the essential documents is enforceable against the father because
(1) it has sufficient consideration
(2) consideration was provided by the father
(3) it was done at the desire of the promisor
(4) it was done at the request of the promisor
Assertion (A): All illegal agreements are void, but all void agreements are not illegal. Reason (R): Only those agreements, of which the object or consideration is unlawful, are known as illegal agreements. Select the correct answer using the given below-
Uncle telegrams to his nephew: If I hear no more about that black horse, I will consider the horse mine @ Rs. 3,00,000.
Nephew to his Manager: Do not put that Black horse on auction as it has already been sold to my uncle.
The manager diligently obeys the orders.
The uncle never comes forward to pay Rs. 3,00,000 and take the black horse.
The nephew
Section 25 of the Indian Contract Act lays down a few exceptions, when agreement made without consideration is not void. Which of the following is such an exception:
A and B agree to fence with each other for amusement. This agreement implies the consent of each to suffer any harm which in the course of fencing, may be caused without foul play and if A, while playing fairly, hurts B. A commits no offence. The provision are given under:
X, a rich person residing at Kochi, sends Rs. 50,000 to his agent at Chennai with a direction that the jnoney be given equal to two poor students A and B who are studying in the Engineering College over there. Instead of doing so, the agent gives the money equally to two other very poor deserving students. The agent has committed