L says to J, "I shall sell my house, will you buy?" J says" Yes, I shall buy". The agreement is void - (b) Uncertainity of price Description: According to Section 29 of the Indian Contract Act, 1872, agreements the meaning of which is not certain or capable of being made certain are void."Hence, in this case L says to J, "T shall sell my house, will you buy?" A says "Yes, I shall buy." The agreement is void due to uncertainity of price. - Nature of contracts Interview Questions and Answers

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Question: L says to J, "I shall sell my house, will you buy?" J says" Yes, I shall buy". The agreement is void due to; a) Uncertainity of meaning b) Uncertainity of price c) Uncertainity of existence iof subject matter d) Uncertainity of quality of subject matter

Answer: (b) Uncertainity of price
Description: According to Section 29 of the Indian Contract Act, 1872, agreements the meaning of which is not certain or capable of being made certain are void."Hence, in this case L says to J, "T shall sell my house, will you buy?" A says "Yes, I shall buy." The agreement is void due to uncertainity of price.

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Question: L says to J, "I shall sell my house, will you buy?" J says" Yes, I shall buy". The agreement is void due to; a) Uncertainity of meaning b) Uncertainity of price c) Uncertainity of existence iof subject matter d) Uncertainity of quality of subject matter

Answer:

(b) Uncertainity of price
Description: According to Section 29 of the Indian Contract Act, 1872, agreements the meaning of which is not certain or capable of being made certain are void."Hence, in this case L says to J, "T shall sell my house, will you buy?" A says "Yes, I shall buy." The agreement is void due to uncertainity of price. Source: CoolInterview.com

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