INTERVIEW QUESTIONS MERCANTILE LAW NATURE OF CONTRACTS DETAILS

Question: P agrees to pay a certain sum to Q, if Q brings on earth a star from sky. This is a: a) Valid contract b) Void agreement c) Enforceable contract d) None of the above

Answer: (b) Void agreement
Description: Agreements to form valid contract must be certain and possible, it should not be uncertain vague or impossible. Therefore, an agreement to do something is void under Section 56 of the Indian Contract Act, 1872. Hence in the above case the contract between P and Q is a void contract since P and Q agree to do an impossible Act, i.e. P agrees to pay Q a certain sum if Q brings on earth a star from sky which is an impossible task to be performed.

(b) Void agreement
Description: Agreements to form valid contract must be certain and possible, it should not be uncertain vague or impossible. Therefore, an agreement to do something is void under Section 56 of the Indian Contract Act, 1872. Hence in the above case the contract between P and Q is a void contract since P and Q agree to do an impossible Act, i.e. P agrees to pay Q a certain sum if Q brings on earth a star from sky which is an impossible task to be performed.
Source: CoolInterview.com

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