1) A, B and C enter into an agreement for the division among them of gains acquired or to be acquired by them by Fraud :
A) The agreement is Void, as it's object is Unlawful
B) The agreement is Voidable
C) Irregular
D) None of these
Answer : A
2) A promises, for no consideration, to give to B Rs. 1,000 it is a
A) Void agreement
B) Valid agreement
C) Irregular agreement
D) None of these
Answer : A
3) A owes B Rs. 1,000 but the debt is barred by the Limitation Act. A signs written promise to pay B Rs. 500 on account of debt. It is a
A) Void contract
B) Valid contract
C) Voidable contract
D) None of these
Answer : B
4) A agrees to sell a horse worth Rs. 1,000 for none. A denies that his consent to the agreement was freely given. This is a
A) Void agreement
B) Valid Contract
C) Voidable Contract
D) Void Contract
Answer : A
5) A agrees to sell a horse worth Rs. 1000 for Rs. 10 A's consent to the agreement was freely given. Agreement is a
A) The agreement is Void for uncertainty
B) The Contract is Void for uncertainty
C) The agreement is Voidable
D) The agreement is valid
Answer : A
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