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Contract Act 14. “Free consent” defined—Consent is said to be free when it is not caused by—(1) coercion, as defined in section 15, or (2) undue influence, as defined in section 16, or (3) fraud, as defined in section 17, or (4) misrepresentation, as defined in section 18, or (5) mistake, subject to the provisions of sections 20, 21 and 22. Consent is said to be so caused when it would not have been given but for the existence of such coercion, undue influence, fraud, misrepresentation or mistake.
'A' and 'B' started a business with an investment of Rs. 1,200 and Rs. 1,500, respectively. After 6 months, 'C' joined them with an investment of Rs. 1,...
‘P’ and ‘Q’ invested Rs. (x + 300) and Rs. (x – 500) respectively in a business for 2 months and 4 months. If P’s share of the profit is Rs....
A, B and C enter into a partnership, A invest (X + 5000), B invest (X + 15000) and C invest (5X + 2000) for one year if B share is 10000 from total prof...
Armaan began a business with an initial investment of Rs. 2400. After 8 months, Bhuvan entered the business with an amount such that Armaan's investment...
If a sum of money is to be divided among A, B, C such that A’s share is equal to thrice B’s share and B’s share is 4 times C’s share then their ...
X, Y, Z enter into partnership with capital contribution Rs. 50000, 20000 and 30000 respectively X is working partner of get 20% of profit for managing...
A & B invested Rs. X and Rs. (X + 900) for same period of time in a business. If A gets Rs. 3200 as profit share out of total profit of Rs. 8...
‘A’ and ‘B’ started a business by investing Rs. ‘b’ and Rs. ‘b + 400’, respectively. If 9 months later the ratio of profit shares of ‘...
A, B and C invest in a partnership in the ratio 7:5:9 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
A, B, and C invested Rs. 3600, Rs. 2400, and Rs. x, respectively, in a business for equal time. If the profit received by C is Rs. 1200 out of a total p...