Legal Principle : A contract becomes void if the performance of the same becomes impossible under the circumstances. Facts of the Problem : Ravi offers to buy the horse of Arjun for a price of Rs. 10 lakhs. Arjun, not knowing that the horse is already dead, agrees to the contract. Later the truth about the death of the hose is discovered. Is the contract valid?

The contract is void as the price of the horse is very high.

The contract is valid and the money must be paid for the horse.

The contract is void as the performance of the same is impossible.

The contract is valid and Arjun must deliver another horse to Ravi for the price.

Legal Principle : A contract becomes void if the performance of the sa

1.	Legal Principle : A contract becomes void if the performance of the same becomes impossible under the circumstances. Facts of the Problem : Ravi offers to buy the horse of Arjun for a price of Rs. 10 lakhs. Arjun, not knowing that the horse is already dead, agrees to the contract. Later the truth about the death of the hose is discovered. Is the contract valid?
A.	The contract is valid and the money must be paid for the horse.
B.	The contract is void as the performance of the same is impossible.
C.	The contract is void as the price of the horse is very high.
D.	The contract is valid and Arjun must deliver another horse to Ravi for the price.
Answer» C. The contract is void as the price of the horse is very high.

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