📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    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.

    Practice Next
    More Banking Related Laws Questions

    Relevant for Exams:

    ask-question