Arrange the followings on the basis of Sections of Indian Contract Act, 1872 in ascending order : A. Agreement in restraint of Marriage B. Agreement made without consideration C. Agreement with unlawful objects or consideration D. Agreement in restraint of Trade E. Agreement by way of wager Choose the correct answer from the options given below:
Contract Act Sections: Agreement Order
This question requires arranging specific types of agreements based on their corresponding section numbers in the Indian Contract Act, 1872, in ascending order.
Identifying Contract Act Sections
First, identify the section number for each agreement type mentioned in the question:
- A. Agreement in restraint of Marriage falls under Section 26.
- B. Agreement made without consideration is covered under Section 25.
- C. Agreement with unlawful objects or consideration is dealt with in Section 23.
- D. Agreement in restraint of Trade is specified in Section 27.
- E. Agreement by way of wager is addressed by Section 30.
Ordering Sections in Ascending Sequence
The identified section numbers are 23, 25, 26, 27, and 30. Arranging these in ascending order yields:
$23$
$25$
$26$
$27$
$30$
Mapping Sections to Agreement Types
Now, map these ordered section numbers back to the corresponding agreement types (A, B, C, D, E):
- Section 23 corresponds to C (Agreement with unlawful objects or consideration).
- Section 25 corresponds to B (Agreement made without consideration).
- Section 26 corresponds to A (Agreement in restraint of Marriage).
- Section 27 corresponds to D (Agreement in restraint of Trade).
- Section 30 corresponds to E (Agreement by way of wager).
Thus, the correct ascending order of agreements based on their sections in the Indian Contract Act, 1872, is C, B, A, D, E.
Important Questions from Indian Contract Act, 1872
Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R.
Assertion A : A, the owner of a ship by fraudulently representing her to be seaworthy induces B, on underwriter to insure the ship.
Reason R : B can obtain cancellation of the policy, as it is a fraud on account of fraudulent misrepresentation under the contract act.
In the light of the above statements, choose the correct answer from the options given below:
In which of the following cases, the Doctrine of Supervening impossibility will apply?
Which one is False as per the relevant provisions of the Indian Contract Act. 1872?
Which one is the correct sequence implied in the Indian Contract Act 1872?
(A) Offer of proposal
(B) Contract
(C) Promise
(D) Agreement
(E) Acceptance
Choose the correct answer from the options given below:
Statement I: Contracts whose objects or consideration are unlawful are void.
Statement II: Contracts in restraint of legal proceedings are void.
