A Wagering Agreement Is Mcq

(C) Thomas does not have to share the three lakhs with Raja and Hoja, as this is the result of an unenforceable agreement. 11. Any agreement and promise that is enforceable by law is …………. (a) Statement of Offer – Appointments to the public service can only be made on the basis of merit and not on the basis of foreign considerations such as the payment of money. Therefore, the consideration is contrary to public policy, under which the agreement between A and B is not concluded. (D) The contract is valid as it is a contract between two parties with their free agreement. Facts: XYZ Bank lends 40,000 en to Sabu to reward Randeep, the winner of the horse race. Subsequently, Sabu refused to pay the prize and stated that horse racing was a betting agreement. XYZ Bank can get money back from Sabu.

(A) Yes, this is only a collateral agreement for horse racing and the bank can therefore recover Sabu`s money. 30. If an agreement suffers from uncertainty. It`s…………. (a) Non-multinational (b) Empty (c) Unenforceable (d) Illegal. Explanation – The terms of the agreement are null and void for the reason of option (B) itself. 1.An agreement consists of reciprocal promises between at least 3. The contract is defined as an agreement enforceable by law, empty section … The .C agreement can be validated with the prior authorization of the court. (A) This agreement is non-applicable and is unenforceable as it is a trade restriction. Facts: Has reached an agreement with B for the sale of spirits.

A did not provide the agreed amount of alcohol to B. 6. Which of the following legal statements is false? (a) An enforceable contract is a contract [Section 2] Statement – According to the given principle, the agreement between A and B is null and void, so that no action can be brought against A. (C) The agreement is valid, just as it is taken into account the public service of the freezes. (B) This agreement is null and bad because of the uncertainty, as it is not possible to determine whether the horse brought luck or bad luck to the buyer. A) Empty in the sense of section 30, because it is a betting agreement. Q1. Principle: the sale of spirits is illegal. Not all agreements on prohibited sections exist in the eyes of the law. Q2. Principle: an agreement with a boy under the age of 18 is not applicable by law.

Q4. Legal principle: A bet/bet agreement is not legally applicable. (C) A cannot require B, as the agreement was due to its uncertainty and trade restriction. Explanation – The agreement between A and B not only prevented A from activity, but it was not clear with respect to the amount to be paid from B to A, on the basis of which option (C) is correct. Q8. Principle: a trade restriction agreement is non-applicable and unenforceable. An agreement with unsafe conditions is not valid. (A) The agreement is cancelled because the object and consideration are contrary to public policy. (C) The agreement is enforceable by the girl. (C) The agreement is partially invalid and partially valid. (B) The agreement is inconclusive because the rupees are excessive 5.00,000/- Q7. Principle: an agreement whose conditions are not secure or whose conditions can be secure is non-conclusive.

28. « Consensus – ad – ditto » means ……… (a) General Consensus (b) Meeting of Minds on the same meaning (c) Obtaining an agreement (d) Obtaining a declaration of contract – The granting of funds by XYZ Bank to Sabu was only a guarantee of the betting agreement, so the bank can claim it in Sabu. 5) A clause in an agreement that all disputes are referred to arbitration by two competent London brokers and their decision is final: Q9. Principle: Betting agreements are not valid.

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