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INTERVIEW QUESTIONS
MERCANTILE LAW
NATURE OF CONTRACTS
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Question: X promises to pay Z Rs 5,00,000 if Z can make his dead wife alive. Such an agreement is:
a) Valid
b) Void
c) Impossible to perform
d) Unenforceable
Answer: (b) Void Description: According to Section 56 of the Indian Contract Act, 1872, "An agreement to do an impossible Act is void". hence in this case X promises to pay Z Rs 5,00,000 if Z can make his dead wife alive, such a contract is also void as X makes a promise to pay money's worth of Rs 5,00,000 for a task which is impossible to perform.
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Question:
X promises to pay Z Rs 5,00,000 if Z can make his dead wife alive. Such an agreement is:
a) Valid
b) Void
c) Impossible to perform
d) Unenforceable
Answer:
(b) Void Description: According to Section 56 of the Indian Contract Act, 1872, "An agreement to do an impossible Act is void". hence in this case X promises to pay Z Rs 5,00,000 if Z can make his dead wife alive, such a contract is also void as X makes a promise to pay money's worth of Rs 5,00,000 for a task which is impossible to perform. Source: CoolInterview.com
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