Question
A owes B Rs 1000/- but the debt is barred by the
Limitation Act. A sign a written promise to pay B Rs 500 on account of debt:Solution
Such an agreement is a contract as per S.25(3) of Indian Contract Act, 1872.  According to Sec 25 “An Agreement without consideration is void unless- (1)       it is expressed in writing and registered under the law for the time being in force for the registration of documents, and is made on account of natural love and affection between parties standing in a near relation to each other; or unless (2)       it is a promise to compensate, wholly or in part, a person who has already voluntarily done something for the promisor, or something which the promisor was legally compellable to do; or unless. (3)       It is a promise, made in writing and signed by the person to be charged therewith, or by his agent generally or specially authorized in that behalf, to pay wholly or in part a debt of which the creditor might have enforced payment but for the law for the limitation of suits.  In any of these cases, such an agreement is a contract.  Illustrations  (e) A owes B Rs. 1,000, but the debt is barred by the Limitation Act. A signs a written promise to pay B Rs. 500 on account of the debt. This is a contract." Â
Conclusions:
I. Some Jokers being Animals is a possibility.
II. A few Swings are not Strings.Statements:
Conclusions: Â Â Â Â Â Â Â Â Â Â Â Â
I. Some Apples are being Bananas is a possibility
II. At least Some Papayas are being Bananas is a p...
Statement:
Only a few Y are Z
No Y is X
No Z is V
Conclusion:
I. Some Y are not Z
II. Some X are V
...Three statements are given followed by two conclusions numbered I & II. Assuming the statements to be true, even if they seem to be at variance with co...
Statement:
All Pens are pencil.
Only Pencils are Laptop.
Only Pens are Mobile.
Only Pencils are Book.
Conclusion:
Who lives immediately above W in the same type of flat?
In the given question, three conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of...
Statement : All books are pens.
Some pens are desks.
No desk is a chair.
Some chairs are tables.
Conclusion:
I. So...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
Every Demand are Supply.
Few Supply are Inflation.
Only a few Inflation are Deflations.
Conclusions:
I. A...