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INTERVIEW QUESTIONS MERCANTILE LAW NATURE OF CONTRACTS DETAILS

Question: A sells some smuggled goods at Rs. 100. The contract is void on the ground:
(a) Illegality
(b) Opposed to public policy
(c) Fraudulent
(d) None of the above

Answer: (a) Illegality
Description: Illegal contracts are contract which the law forbids to be made e.g. selling smuggled goods. All illegal contracts are void. The court will not enforce such a contract. Hence, when A sells smuggled goods at Rs. 100 it is void on the ground of being illegal.

Category Nature of contracts Interview Questions & Answers - Exam Mode / Learning Mode
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Question: A sells some smuggled goods at Rs. 100. The contract is void on the ground:
(a) Illegality
(b) Opposed to public policy
(c) Fraudulent
(d) None of the above


Answer:

(a) Illegality
Description: Illegal contracts are contract which the law forbids to be made e.g. selling smuggled goods. All illegal contracts are void. The court will not enforce such a contract. Hence, when A sells smuggled goods at Rs. 100 it is void on the ground of being illegal. Source: CoolInterview.com



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Related Questions
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A price list belongs to the category of:
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Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
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