INTERVIEW QUESTIONS MERCANTILE LAW NATURE OF CONTRACTS DETAILS

Question: Which of the following promises is enforceable? a) X promises to pay Rs.5,000/- to Y who saved him from drowning b) X promises to pay Rs. 5,000/- to his son c) X promises to denote Rs 5,000/- to an officer's club d) X promises to pay Rs 5,000/- as additional fees to his advocate for winning a suit

Answer: (a) X promises to pay Rs.5,000/- to Y who saved him from drowning
Description: The promise by X to pay Y who saved him from drowning is enforceable as there is completion of "quid pro quo" i.e. something in return of. In this case X's life was saved hence he is held liable to pay the amount to Y.

(a) X promises to pay Rs.5,000/- to Y who saved him from drowning
Description: The promise by X to pay Y who saved him from drowning is enforceable as there is completion of "quid pro quo" i.e. something in return of. In this case X's life was saved hence he is held liable to pay the amount to Y.
Source: CoolInterview.com

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