MCQOPTIONS
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| 1. |
Principle: Two or more persons are said to consent if they agree upon the same thing in thesame sense. Consent is said to be free when it is not caused by coercion, or undue influence, orfraud, or misrepresentation, or mistake. When consent to an agreement is caused by coercion,undue influence, fraud or misrepresentation, the agreement is a contract voidable (rescindable orterminable) at the option of the party whose consent was so caused. However, when consent to an agreement is caused by mistake as to a matter of fact essential to the agreement, theagreement is void. Facts: 'X' threatens to gun down 'Y', if he ('Y') does not sell his property worth Rs. 20,00,000/-for Rs 1,00,000/- only. As a consequence, 'Y' agrees to sell it as demanded by 'X'.Which of the following derivations is CORRECT? |
| A. | There is a contract between 'X' and 'Y' |
| B. | There is an agreement between 'X' and 'Y' which can be enforced by the court of law |
| C. | There is an agreement between 'X', and 'Y' which cannot be enforced by the court of law |
| D. | There is a contract between 'X' and 'Y' which voidable at the option of 'Y' |
| Answer» E. | |