New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In Chinnaya vs. Ramayya it was held that________________

    A Offer must be communicated Correct Answer Incorrect Answer
    B Contract without consideration is void Correct Answer Incorrect Answer
    C For a valid contract there must be an intention to create legal relationship Correct Answer Incorrect Answer
    D Consideration may be furnished by the promisee himself or any other person Correct Answer Incorrect Answer

    Solution

    Contract Act -It was decided by the Court that the agreement giving effect to transfer of the estate to the respondent by her mother as a gift and the agreement to pay annuity are simultaneous agreements. Hence, both of these agreements shall be considered as a single transaction as per the definition of consideration given under section 2(d) of the Indian Contract Act.

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