A is in urgent need of money for marriage of his daughter therefore agrees to sale his house to B at a price lower than the market price. Is this agreement valid?
The important element for converting an agreement into a contract is the presence of Consideration, however, it is not essential that the consideration should be adequate. Therefore, consideration may or may not be adequate but it should be of some value in the eyes of the law. Also, an agreement to which the consent of the promisor is freely given is not void merely on the basis that the consideration is inadequate; but the inadequacy of the consideration may be taken into account by the Court in determining the question whether the consent of the promisor was freely given or not.
The population of a city is decreased by 12% in the first year and then increased by 22% in the second year. Find the population of the city at the end...
A gets 34% of the full marks in an exam and fails by 80 marks. B gets 36% of the full marks in the same exam and he also fails by 64 marks. What is the ...
In a competitive examination containing 200 questions, 2 marks are awarded for every correct answer and 1 mark gets deducted for every wrong answer. If ...
A retailer buys three types of Rice bags at ₹60, ₹40 and ₹20 per kg respectively. He mixes them in the ratio of 1:2:3 by weight and sold them at a...
The income of P is 2/5th of the income of Q and income of R is 60% more than the income of Q. Income of Q is Rs.15000 and expenditure of P is...
In an office with 400 employees (comprising both men and women), preferences for either 'Tea' or 'Coffee' exist. The number of men who like 'Tea' to tho...
The total strength of school A is 60% more than that of school B. In school A and B, out of total number of students, 10% and 20% respectively are girls...
There are 100 students in a particular class. 55% students play rugby, 30 % play basketball and 15% play both the games. What is the number of students ...
In a school there are 60% boys and rest are girls. If number of girls is 360 then find the total number of boys in the school.
Rajeev spends 30% of his monthly income on cloths and food and 20% of remaining on rent and saves the remaining amount. If he saves Rs 17920 per month, ...