Void Agreements

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1. A void agreement is one which is

Explanation

A void agreement is not enforceable by law because it lacks the essential elements required for a valid contract. It may be void due to illegality, impossibility, or lack of free consent. Therefore, it cannot be enforced by any party involved in the agreement.

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2. Every agreement in restraint of marriage of any person other then a minor, is

Explanation

An agreement in restraint of marriage of any person other than a minor is considered void because it goes against the principles of freedom and individual choice in marriage. Restraining someone from getting married is seen as a violation of their rights and is therefore not legally enforceable.

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3. Which of the following types of agreements have been expressly declared to be void?

Explanation

The correct answer is "All of the above." This means that all three types of agreements mentioned in the options (agreements in restraint of legal proceedings, agreements with uncertain meanings, and agreements to do impossible acts) have been expressly declared to be void. According to Section 28, agreements in restraint of legal proceedings are void. Section 29 states that agreements with uncertain meanings are also void. Finally, Section 56 declares agreements to do impossible acts as void. Therefore, all three types of agreements mentioned in the options have been expressly declared to be void.

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4. An agreement the meaning of which is not capable of being made certain, is

Explanation

An agreement the meaning of which is not capable of being made certain is considered void. This means that the agreement lacks clarity and cannot be enforced by law. Void agreements are essentially invalid from the beginning and hold no legal significance.

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5. ______________ are declared to be void under the Indian Contract Act.

Explanation

Wagering agreements are declared to be void under the Indian Contract Act. This means that these agreements are not legally enforceable. Wagering agreements are those in which the parties involved make bets or wagers on uncertain events, such as the outcome of a game or a race. These agreements are considered to be against public policy and are therefore void. The Indian Contract Act aims to protect individuals from the potential harm and unfairness that can arise from such agreements, hence declaring them void.

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6. Certain types of agreements have been expressly declared to be void by the Indian Contract Act.

Explanation

The Indian Contract Act explicitly declares certain types of agreements to be void. This means that these agreements are not legally enforceable and have no legal effect. The Act provides specific provisions that render these agreements void, such as agreements made under coercion, agreements with minors, agreements made under fraud or misrepresentation, and agreements that are against public policy. Therefore, the statement that certain types of agreements have been expressly declared to be void by the Indian Contract Act is true.

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7. A agrees to discover a treasure by magic and B agrees to pay Rs. 10,000 to A for his act. The agreement is

Explanation

The agreement between A and B to discover a treasure by magic and for B to pay Rs. 10,000 to A is void. This is because the objective of the agreement is impossible to achieve. Magic is not a real or practical means of discovering a treasure, and therefore the agreement lacks a lawful object. As a result, the agreement is considered void and has no legal validity.

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8.  An agreement in restraint of marriage i.e., which prevents a person from marrying, is 

Explanation

An agreement in restraint of marriage is void because it goes against public policy and the principles of personal freedom. Marriage is a fundamental right and individuals should not be restricted or prevented from entering into it. Therefore, any agreement that attempts to restrain or prohibit marriage is considered invalid and unenforceable.

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9. An agreement restraining the outgoing (.i.e., retiring) partner form carrying on business similar to that of the firm will be valid and enforceable if the restriction.

Explanation

The correct answer is "All of these." An agreement restraining the outgoing partner from carrying on a similar business will be valid and enforceable if it is reasonable, specifies the local limit, and specifies the period for which it will remain in force. All three conditions need to be met for the agreement to be valid and enforceable.

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10. An agreement which puts restriction on a person from marrying is void under Section 26 being an agreement in restraint of

Explanation

An agreement that restricts a person from marrying is void under Section 26 because it goes against the principle of marriage as a fundamental right. Marriage is considered a personal choice and a basic liberty, and any agreement that attempts to restrict or interfere with this right is not legally enforceable. Therefore, such an agreement is void and has no legal validity.

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11. An agreement which prevents a person from marrying a particular person., is valid

Explanation

The given answer is false because both complete and partial restraints make the agreement void. This means that any agreement that prevents a person from marrying a particular person, whether it is a complete or partial restraint, would not be considered valid.

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12. Regulations as to the opening and closing of business in the market, are

Explanation

The regulations as to the opening and closing of business in the market are considered valid because they are legally binding and enforceable. These regulations are likely established by the relevant authorities to maintain order, ensure fair competition, and protect the interests of both businesses and consumers. As long as these regulations are in accordance with the law and are implemented fairly, they are considered valid and must be followed by businesses operating in the market.

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13. A contract of insurance is a wagering agreement, thus void.

Explanation

The statement is false because a contract of insurance is not a wagering agreement. While both involve a degree of risk, insurance contracts are based on the principle of indemnity and the transfer of risk from the insured to the insurer in exchange for a premium. Wagering agreements, on the other hand, involve placing bets on uncertain outcomes. Insurance contracts are legally recognized and enforceable, making them perfectly valid agreements.

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14. An agreement which restrains the seller of a good will from carrying on a similar business within specified local limits, is

Explanation

An agreement which restrains the seller of a good from carrying on a similar business within specified local limits is considered valid. This means that such an agreement is legally enforceable and binding on the parties involved. The restriction placed on the seller is within reasonable limits and does not violate any laws or public policy. Therefore, the agreement is considered valid and can be upheld in a court of law.

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15. As per Section 2(g) an agreement not enforceable by law is said to be __________

Explanation

An agreement not enforceable by law is said to be void. This means that the agreement is considered to have no legal effect from the beginning, as if it never existed. Void agreements are usually unenforceable because they lack the essential elements required for a valid contract, such as mutual consent or legality of the subject matter. Therefore, parties to a void agreement have no legal obligations towards each other and cannot seek remedies or enforce any rights arising from the agreement.

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16. Where an agreement in restraint of trade is not divisible, then the

Explanation

In cases where an agreement in restraint of trade is not divisible, it means that the agreement cannot be separated into different parts or clauses. In such situations, the entire agreement is considered as a whole and if it contains a restraint of trade clause, the entire agreement becomes void and unenforceable. This means that neither party can legally enforce the agreement or seek remedies for any breaches.

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17. A service agreement which prevents an employee from working anywhere else during the period covered by service agreement, is 

Explanation

A service agreement that restricts an employee from working elsewhere during the period covered by the agreement is considered valid. This is because employers have the right to protect their business interests and ensure that employees are fully committed to their job responsibilities. By limiting the employee's ability to work elsewhere, the employer can ensure that the employee's focus remains solely on their duties within the organization. However, it is important to note that such agreements must comply with applicable laws and regulations to be enforceable.

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18. An agreement which prevents a person from marrying a particular person or a person of particular class ,is

Explanation

An agreement that restricts a person from marrying a specific individual or someone from a particular class is considered void. This means that the agreement holds no legal force or effect and is therefore unenforceable. Such agreements are against public policy as they infringe upon an individual's freedom to choose their life partner. Consequently, any attempt to enforce or uphold such an agreement would be deemed invalid by the court.

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19. When the good will of business is sold , the seller may be restrained from carrying on similar business within specified local limits.

Explanation

The statement is true because Section 27 recognizes an exception to the general rule that all agreements in restraint of trade are void. In the case of selling the goodwill of a business, the seller may be restrained from carrying on a similar business within specified local limits. This exception is necessary to protect the interest of the purchaser of the goodwill.

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20. An agreement to do an impossible act, is 

Explanation

An agreement to do an impossible act is void because it is not legally enforceable. In order for a contract to be valid, the parties involved must be capable of performing their obligations. If the act that is agreed upon is impossible to perform, the contract cannot be fulfilled and is therefore considered void.

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21. An agreement which completely retrains a person from enforcing his legal rights, is

Explanation

An agreement which completely restrains a person from enforcing his legal rights is considered void. This means that the agreement is not legally binding and has no legal effect. Such agreements are against public policy as they restrict an individual's freedom to exercise their legal rights. Therefore, they are deemed invalid and unenforceable by the court.

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22. An agreement restraining the purchaser of goodwill from carrying on business will be valid and enforceable if the restriction.

Explanation

For an agreement restraining the purchaser of goodwill from carrying on business to be valid and enforceable, all of the above conditions should be satisfied. This means that the restriction must be reasonable, it must specify the period for which it will remain in force, and it must only restrict the purchaser from carrying on a similar business. If any of these conditions are not met, the agreement may not be considered valid or enforceable.

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23. An agreement in restraint of legal proceedings is

Explanation

An agreement in restraint of legal proceedings is considered void because it goes against public policy and the principles of justice. Such agreements restrict a person's right to access the legal system and seek justice, which is deemed unacceptable. The law aims to ensure that individuals have the freedom to pursue legal remedies and protect their rights, and any agreement that attempts to limit or restrain this freedom is deemed void and unenforceable.

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24. An agreement to do an impossible act can be enforced with the permission of court.

Explanation

An agreement to do an impossible act cannot be enforced, even with the permission of a court. This is because it is not legally possible to perform an impossible act, and therefore, the court cannot enforce such an agreement.

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25. An agreement will be void as being of wagering nature, if it is dependent on the happening or non- happening of

Explanation

An agreement will be void as being of wagering nature if it is dependent on the happening or non-happening of an uncertain event. This means that if the agreement is based on an event that is uncertain and unpredictable, it will be considered a wagering agreement and therefore void.

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26. A __________  is one which provides that money or money's worth will be paid on the happening or non-happening of specified uncertain event.

Explanation

A wagering agreement is a contract in which the parties agree to pay money or money's worth based on the outcome of a specified uncertain event. In a wagering agreement, the parties are essentially gambling on the outcome of the event, and the agreement is based on chance rather than a legitimate business transaction. Unlike other types of contracts, a wagering agreement is not enforceable by law as it is considered to be against public policy.

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27. Agreements in restraint of trade have been expressly declared void under

Explanation

Section 27 of the law declares agreements in restraint of trade as void. This means that any contract or agreement that restricts a person's freedom to carry on their trade or profession is not legally enforceable. The purpose of this provision is to promote fair competition and prevent monopolies or unfair business practices. By declaring such agreements void, Section 27 ensures that individuals have the freedom to engage in trade and pursue their chosen profession without unnecessary restrictions.

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28. An agreement the meaning of which is capable of being made certain, is

Explanation

An agreement the meaning of which is capable of being made certain refers to an agreement that can be clearly understood and determined. In other words, the terms and intentions of the agreement can be easily identified and agreed upon by the parties involved. Therefore, such an agreement is considered valid and legally enforceable.

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29. If in an agreement, one party may win and cannot lose, or he may lose and cannot win, then the agreement is not wagering agreement.

Explanation

This statement is true because a wagering agreement is a contract where two parties agree to gamble on an uncertain event, and the outcome is dependent on chance. In a wagering agreement, both parties have a chance of winning or losing. However, in the given scenario, one party is guaranteed to either win or lose, leaving no element of chance. Therefore, the agreement does not meet the criteria of a wagering agreement.

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30. Which of the following types of agreements have been expressly declared to be void ? (i)  Agreements without consideration [Section 25]. (ii) Agreements in restraint of marriage [Section 26]. (iii) Agreements in restraint of trade [Section 27]. (iv) Agreements with inadequate consideration.

Explanation

The correct answer is (i), (ii), (iii). According to the given sections of the law, agreements without consideration, agreements in restraint of marriage, and agreements in restraint of trade have been expressly declared to be void. This means that these types of agreements are not legally enforceable and hold no legal validity.

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31. An agreement which prevents a person from marrying for a fixed period only, is valid.

Explanation

The given statement is false because an agreement that prevents a person from marrying for a fixed period is considered an agreement in restraint of marriage. Agreements in restraint of marriage are generally considered void and unenforceable because they are against public policy and restrict an individual's freedom to marry. Therefore, such an agreement would not be valid.

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32. A agrees to sell to B all the production of his only factory situated in Okhla This agreement is

Explanation

The correct answer is valid, as all the production is agreed to be sold, there is no uncertainty in the agreement. This means that A has agreed to sell all the products produced by their only factory in Okhla to B. Since there is no uncertainty or ambiguity in the agreement, it is considered valid.

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33. An agreement to __________ where it is made to refer a future dispute to arbitration.

Explanation

An agreement to refer a future dispute to arbitration is considered valid because arbitration is a recognized and accepted method of resolving conflicts. It is a legally binding process where parties voluntarily agree to have their dispute settled by an impartial third party. Therefore, an agreement to use arbitration as a means of resolving future disputes is considered valid and enforceable by law.

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34. Wagering agreements have been declared to be void under

Explanation

Wagering agreements involve placing bets on uncertain events, such as gambling. Section 30 of the law declares such agreements as void, meaning they have no legal effect. This is because they are considered to be against public policy and encourage gambling, which is generally seen as a harmful activity. Therefore, any agreement made for the purpose of wagering is not enforceable by law.

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35. A has the legal right to file a suit (legal case) against B either at Delhi or at Calcutta. A and B entered into an agreement, that A can enforce his rights at Delhi only and not in Calcutta. This agreement is

Explanation

The given answer is valid because the agreement between A and B restricts A from enforcing his rights in Calcutta, but allows him to do so in Delhi. This is considered a partial restraint, as it limits A's options but does not completely prevent him from taking legal action. Partial restraints are generally considered valid, whereas absolute restraints render an agreement void.

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36. An agreement in restraint of marriage is void if the restraint is

Explanation

An agreement in restraint of marriage is considered void if the restraint is either complete or partial. This means that any agreement that restricts or limits a person's freedom to marry, whether it is a complete prohibition or only a partial restriction, will be considered invalid. The law does not distinguish between complete or partial restraints when it comes to agreements in restraint of marriage. Therefore, both types of restraints are not enforceable and are deemed void.

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37. An agreement which prevents a person from marrying altogether is

Explanation

An agreement which prevents a person from marrying altogether is considered void. This means that such an agreement is not legally enforceable and holds no legal validity. It goes against the principles of personal freedom and the right to marry, which are protected by law. Therefore, any agreement that restricts or prohibits marriage is deemed invalid and has no legal effect.

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38. An agreement by a producer to sell all his output to one distributor who in turn agrees not to buy his requirement from any other producer, is

Explanation

In this scenario, the agreement between the producer and the distributor is considered valid. This is because both parties have willingly entered into a contract where the producer agrees to sell all of their output exclusively to the distributor, and the distributor agrees not to purchase from any other producer. As long as there are no illegal or unethical terms involved, such an agreement is legally binding and enforceable.

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39. A agrees to pay Rs. 500 B if it rains on Monday, and if does not rain on Monday then B will pay Rs. 500 to A . This is a

Explanation

A wagering agreement is a type of contract where the outcome depends on the occurrence or non-occurrence of an uncertain event. In this case, the agreement between A and B is based on whether it rains on Monday or not. If it rains, A will pay Rs. 500 to B, and if it does not rain, B will pay Rs. 500 to A. The outcome of the contract is uncertain and depends on the weather condition on Monday, making it a wagering agreement.

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40. Which of the following agreement is not void as being an agreement in restraint of legal proceedings?

Explanation

An agreement which provides for a reference to arbitration instead of court of law is not void as being an agreement in restraint of legal proceedings. This is because arbitration is a recognized and accepted alternative to court proceedings for resolving disputes. It is a voluntary process where the parties agree to submit their dispute to a neutral third party, who will make a binding decision. Therefore, such an agreement does not restrict or restrain the parties' access to legal proceedings, but rather provides them with an alternative method of resolving their disputes.

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41. An agreement between the parties to refer any future dispute which may arise between them to arbitration is

Explanation

An agreement between the parties to refer any future dispute which may arise between them to arbitration is considered valid. Arbitration is a recognized method of resolving disputes outside of the court system, where a neutral third party (the arbitrator) is chosen by the parties to make a binding decision. By agreeing to refer any future disputes to arbitration, the parties are voluntarily choosing this alternative method of resolution, which is legally recognized and enforceable.

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42. An agreement the meaning of which is not certain is

Explanation

An agreement the meaning of which is not certain is considered void. This means that the agreement is not legally binding and has no legal effect. The uncertainty regarding the meaning of the agreement makes it impossible for the parties involved to reach a mutual understanding and therefore renders the agreement invalid. As a result, neither party can enforce the terms of the agreement or seek any legal remedies in case of a breach.

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43. In which of the following cases an agreement does not fall in the category of wagering agreement?

Explanation

An agreement does not fall in the category of wagering agreement when any of the following conditions are met: 1) Either party has control over the happening or non-happening of the event, meaning that the outcome is not solely dependent on chance. 2) Besides the stake money, a party has some other interest in the happening or non-happening of the event, indicating that there is a genuine purpose or motive beyond mere gambling. 3) There are no mutual changes of gain or loss, suggesting that the agreement does not involve a speculative element. Therefore, all of the above conditions must be satisfied for an agreement to not be considered a wagering agreement.

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44. Agreements to do impossible acts have been declared void under

Explanation

Section 56 of the Indian Contract Act states that agreements that are impossible to perform become void. This means that if the performance of an agreement becomes impossible due to the occurrence of an event that was not anticipated by the parties, the agreement is considered void. In other words, if an agreement becomes impossible to perform due to reasons beyond the control of the parties, it is no longer enforceable. Therefore, Section 56 is the correct answer as it specifically deals with agreements that are impossible to perform.

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45. An agreement in restraint of marriage is valid in case of

Explanation

An agreement in restraint of marriage is valid in the case of minors. This means that if a contract is made between two minors that restricts their ability to get married, it will be considered legally binding. However, it is important to note that agreements in restraint of marriage are generally not enforceable and considered against public policy. This is because marriage is considered a fundamental right and individuals should have the freedom to enter into marriage without any restrictions.

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46. An agreement which puts absolute restraint on legal proceedings is void and there is no exception to this rule.

Explanation

The correct answer is False. The explanation for this answer is that there are exceptions to the rule that an agreement which puts absolute restraint on legal proceedings is void. These exceptions are provided in Explanation I and II of Section 28 of the Indian Contract Act.

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47. An agreement which prevents a person from carrying a lawful business, is   _____________. 

Explanation

An agreement which prevents a person from carrying a lawful business is considered void. This means that such an agreement has no legal effect and is unenforceable. It goes against the principles of freedom to engage in lawful activities and restricts the individual's right to earn a livelihood. Therefore, any agreement that restricts a person from carrying out a lawful business is considered void.

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48. Agreements by way of wager have been declared void under

Explanation

According to Section 30 of the Indian Contract Act, agreements by way of wager are declared void. This means that any agreement where the outcome depends on the happening or non-happening of an uncertain event in which both parties have an interest, but neither party has any control over the event, is not enforceable by law. Therefore, the correct answer is Section 30.

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49. Which of the following statements is correct?

Explanation

Both option (a) and (b) are correct. A wagering agreement is void, meaning it has no legal effect, but it is not necessarily illegal. In Gujarat and old Bombay, however, wagering agreements have been specifically declared to be illegal. Therefore, both statements are true.

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50. An agreement in a restraint of trade is void only it the restraint imposed, is ___________

Explanation

An agreement in a restraint of trade is void only if the restraint imposed is complete, partial, or conditional. This means that regardless of the extent or conditions of the restraint, if it is found to be in violation of trade laws or unfair competition regulations, the agreement becomes void. Therefore, any of these options can render the agreement void depending on the specific circumstances and legal considerations.

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51. All agreements in restraint of trade are void and there is no exception to this general rule.

Explanation

The correct answer is False because the Indian Contract Act and Partnership Act provide exceptions to the general rule that all agreements in restraint of trade are void. These acts allow for certain agreements that are reasonable and necessary for the protection of trade or business interests. Therefore, there are exceptions to the rule stated in the question.

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52. The term 'void agreement' is defined in _____________.               

Explanation

Section 2(g) of an unidentified legal document defines the term 'void agreement'.

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53. A new promise to pay the stake money already won upon a wager, is

Explanation

A promise to pay the stake money already won upon a wager is considered void. This means that such a promise is not legally enforceable and cannot be upheld in a court of law. This is because wagers are generally considered to be illegal and against public policy. Therefore, any promise made in relation to a wager, including the promise to pay the stake money, is void and cannot be enforced.

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54. An agreement is void if it restrains anyone from exercising

Explanation

An agreement is considered void if it restrains anyone from exercising a lawful profession, trade, or business. This means that if an agreement restricts an individual from engaging in a legal occupation or business activity, it is not enforceable by law. However, if the agreement restricts an individual from engaging in an unlawful profession, trade, or business, it may still be valid. The answer indicates that only the restraint on a lawful profession, trade, or business renders the agreement void.

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55. An agreement to sell goods is ____________ where it provides that the price to be paid shall be fixed by a third party.

Explanation

An agreement to sell goods is valid when it provides that the price to be paid shall be fixed by a third party. This means that the agreement is legally binding and enforceable. The involvement of a third party to determine the price adds an element of fairness and impartiality to the agreement, ensuring that both parties are treated fairly.

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56. Agreements in restraint of marriage have been declared void under

Explanation

Section 26 of the law states that agreements in restraint of marriage are considered void. This means that any agreement that restricts or prohibits someone from getting married is not legally enforceable. Therefore, the correct answer is Section 26.

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57. A agrees to enclose a space between two parallel lines and B agrees to pay Rs. 5,000 to A for this act. This is an agreement to do 

Explanation

The agreement between A and B to enclose a space between two parallel lines is considered an impossible act. This is because it is not physically possible to enclose a space between two parallel lines, as they will never intersect. Therefore, the agreement is not legally enforceable as it involves an act that cannot be accomplished.

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58. Which of the following types of agreements have been expressly declared to be void? (i)  Agreement by persons not competent to contract [Section 10]. (ii)  Agreement under mutual mistake of fact [Section 20]. (iii)  Agreement with unlawful object or consideration [Section 23].  (iv)  Agreements with inadequate consideration

Explanation

The correct answer is (i), (ii), (iii). According to the given information, these are the types of agreements that have been expressly declared to be void. Agreement by persons not competent to contract, agreement under mutual mistake of fact, and agreement with unlawful object or consideration are all specifically mentioned as void agreements in the respective sections of the law. Agreements with inadequate consideration is not mentioned as a void agreement, so it is not included in the correct answer.

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59. A agrees to pay a certain sum of money to B, a rival shopkeeper, if he closes his business for there months in a year. This agreement is 

Explanation

This agreement is void because it involves an unlawful consideration. The agreement is essentially a contract to restrain trade, as A is agreeing to pay B to stop doing business for a certain period of time. Such agreements are against public policy and therefore void.

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60. An agreement between the parties to refer any existing dispute between them to arbitration, is

Explanation

An agreement between the parties to refer any existing dispute between them to arbitration is considered valid. Arbitration is a recognized method of resolving disputes outside of court, where a neutral third party (arbitrator) is appointed to make a binding decision. By agreeing to refer their dispute to arbitration, the parties are willingly opting for this alternative method of resolving their issues, which is legally acceptable and enforceable.

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61. An outgoing (i.e., retiring) partner can be restrained from carrying on

Explanation

An outgoing partner can be restrained from carrying on a similar business only because there may be a non-compete agreement in place. This agreement would prevent the partner from starting a new business that directly competes with the existing business they were a part of. However, there may not be any restrictions on the partner starting a completely unrelated business. Therefore, the correct answer is "Similar business only."

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62. Agreement in restraint of legal proceedings have been declared as void under

Explanation

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63. An agreement to pay money or money's worth on the happening or non-happening of a specified uncertain event, is known is

Explanation

A wagering agreement refers to an agreement where two parties agree to pay money or money's worth based on the outcome of a specified uncertain event. In this type of agreement, both parties anticipate winning or losing something of value depending on the outcome. It is different from a contingent contract where the payment is based on the occurrence or non-occurrence of a specific event, but without the element of chance or risk. A quasi-contract is a legal concept that implies a contract-like obligation to prevent unjust enrichment, which is not applicable in this scenario.

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64. Which of the following agreement are void? i.        Agreement to stifle legal proceedings. ii.       Agreement which extinguishes the right of party. iii.      Agreement to refer future dispute to arbitration. iv.      Agreement to refer existing dispute to arbitration.

Explanation

Agreements to stifle legal proceedings and agreements that extinguish the right of a party are both considered void. This means that these types of agreements are not legally enforceable and hold no legal value.

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65. A agrees to sell to B, 100 tins of coconut oil at a price to be fixed by C, a third party. This agreement is

Explanation

The agreement between A and B is considered valid because the price of the 100 tins of coconut oil can be determined by C, a third party. This means that the agreement is not void or illegal. The involvement of C ensures that the price can be made certain, making the agreement valid and enforceable.

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66. An agreement which restrains a continuing partner of a firm from carrying on any business, other then the business of the firm, is

Explanation

An agreement which restrains a continuing partner of a firm from carrying on any business, other than the business of the firm, is considered valid. This means that such an agreement is legally binding and enforceable. The restriction is seen as reasonable and necessary to protect the interests of the firm and ensure that the partner's focus remains on the firm's business.

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67. A legal action for breach of contract may be initiated within three years form the date of breach. An agreement which provides that no action would be taken after two years, is

Explanation

The given answer is "Void, as it curtails (i.e., cut shorts) the period of limitation which is expressly prohibited under Section 28." This means that an agreement which states that no legal action can be taken after two years is considered void because it goes against the legal provision that allows three years to initiate a legal action for breach of contract. Section 28 expressly prohibits any curtailment or restriction on the period of limitation, making such an agreement illegal.

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68. Except in Gujarat and old Bombay, a transaction collateral to the main wagering agreement is not void, 

Explanation

In most places, a transaction that is related to the main wagering agreement is considered void. However, in Gujarat and old Bombay, this rule does not apply. Therefore, in these specific regions, a transaction collateral to the main wagering agreement is not void, making the statement true.

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69. A service agreement which restrains an employee from accepting similar appointment after the termination of service, is

Explanation

A service agreement that restricts an employee from accepting a similar appointment after their service has ended is considered void. This means that the agreement is not legally enforceable and holds no legal effect. Such agreements are generally against public policy as they limit an employee's freedom to seek employment and can be seen as a restraint of trade. Therefore, the agreement is invalid and cannot be enforced by either party.

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70. A commercial transaction in which the common intention of the parties is not to deliver the goods but to settle the difference between the contract price and the market piece, such transaction is

Explanation

This transaction is considered a wager because the intention of the parties is not to actually deliver the goods, but rather to settle the difference between the contract price and the market price. In a wager, the outcome is based on chance rather than a genuine exchange of goods or services.

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71. ____________ renders an agreement in restraint of trade void

Explanation

Complete or partial restraint renders an agreement in restraint of trade void because any agreement that completely or partially restricts competition or trade is considered against public policy. Such agreements are seen as detrimental to the free market and the economy as they limit competition, innovation, and consumer choice. Therefore, the law deems them void and unenforceable.

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72. An agreement which restrains an outgoing (i.e., retiring ) partner from carrying on the business similar to that of the firm, is

Explanation

An agreement which restrains an outgoing partner from carrying on a similar business to that of the firm is considered valid. This means that such agreements are legally enforceable and can be upheld in a court of law. The rationale behind this is to protect the interests of the remaining partners and the firm itself, as allowing the outgoing partner to compete directly could potentially harm the business. However, it is important to note that the validity of such agreements may vary depending on the jurisdiction and the specific terms and conditions outlined in the agreement.

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73. The uncertain agreements have been declared void under

Explanation

Section 29 of the law declares uncertain agreements void. This means that if an agreement contains uncertain terms or lacks clarity, it will not be enforceable by law. Uncertainty can refer to ambiguity in the terms, conditions, or obligations of the agreement. Section 29 ensures that parties involved in a contract have a clear understanding of their rights and obligations, and protects them from entering into agreements that are vague or uncertain.

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74. Can the depositor recover back the money deposited with the stakeholder for the purpose of payment to winner?

Explanation

The answer suggests that the depositor can recover the money deposited with the stakeholder as long as it has not already been paid to the winner. This implies that the depositor still has a claim to the money and can request its return if it has not been distributed yet. The second statement, stating that wager renders the recovery unenforceable, is incorrect according to the given answer.

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75. A contract of insurance is

Explanation

A contract of insurance is considered both not a wager and valid. This means that it is not a form of gambling or betting, but a legally binding agreement between the insurer and the insured. The contract is valid as long as all the necessary elements of a contract are present, such as offer, acceptance, consideration, and legal capacity. Therefore, insurance contracts are recognized as legitimate and enforceable agreements in the eyes of the law.

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76. The term 'wage' or 'wagering agreement' has not been defied in the Indian Contract Act.

Explanation

The statement is true because the Indian Contract Act does not provide a specific definition for the terms 'wage' or 'wagering agreement'. The Act does, however, define certain other terms related to contracts and agreements, but not these specific terms. Therefore, it can be concluded that the statement is accurate.

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77. Where an agreement in restraint of trade is divisible, then the

Explanation

An agreement in restraint of trade is considered divisible when it can be separated into valid and enforceable parts. In this case, the unrestricted part of the agreement, which does not impose any restrictions on trade, is valid and enforceable. This means that the parties are allowed to engage in unrestricted trade activities as specified in that part of the agreement. However, the other parts of the agreement that impose restrictions on trade would be void and unenforceable.

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78. A partner of a firm, so long as he is partner, can be restrained form carrying on

Explanation

A partner of a firm can be restrained from carrying on any business or a similar business while he is a partner. This means that the partner may be restricted from engaging in any other business activities apart from the one he is currently involved in as a partner. This restriction is in place to ensure that the partner's focus and commitment remain with the firm and that there are no conflicts of interest or competition with the firm's business.

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79. A agrees to sell his scoter to B for Rs. 5,000 or Rs. 10,000. This agreement is

Explanation

The agreement is void because the terms of the agreement are uncertain and unclear. A has agreed to sell his scooter to B for either Rs. 5,000 or Rs. 10,000, but it is not specified which amount will be paid. This lack of clarity and uncertainty makes the agreement void as it does not meet the requirements for a valid contract.

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80. Can the money deposited with a third person (i.e., a stakeholder ) for the purpose of paying to the winner be recovered by the winner?

Explanation

The money deposited with a third person as a stakeholder for the purpose of paying to the winner cannot be recovered by the winner. Once the money is deposited with the stakeholder, it becomes their responsibility to distribute it according to the predetermined terms and conditions. The winner does not have the authority to directly recover the money from the stakeholder as it is no longer under their control.

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81. Under the English Law, an agreement restraint of marriage is void, if it puts a

Explanation

Under English Law, an agreement restraint of marriage is considered void if it puts an absolute restraint. This means that any agreement that completely prohibits or restricts a person from getting married is not legally enforceable. However, if the agreement includes a partial restraint, where certain conditions or limitations are placed on the marriage, it may still be considered valid. Additionally, an absolute restraint with court permission may also be allowed, but this is not the case according to English Law.

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82.  As per Section 27, every agreement by which anyone is restrained from exercising a lawful profession, trade or business of any kind, is

Explanation

As per Section 27, any agreement that restrains someone from exercising a lawful profession, trade, or business is only void to the extent of the restraint. This means that while the agreement may be valid in other aspects, the portion that restricts the person's ability to engage in their profession or business is considered void and unenforceable.

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83. Under the English Law, as agreement restraining marriage with particular person or with a person of particular community, is

Explanation

Under English Law, an agreement restraining marriage with a particular person or with a person of a particular community is considered valid. This means that such an agreement is legally enforceable and will be upheld by the courts. It is important to note that this answer is based on the information provided and may not be applicable in all jurisdictions.

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84. An agreement which partially restrains a person from enforcing his legal rights, is

Explanation

An agreement which partially restrains a person from enforcing his legal rights is considered valid. This means that the agreement is legally binding and enforceable to the extent that it does not completely restrict the person from exercising their legal rights. While certain restrictions may be placed on the person, as long as they are not excessive or against public policy, the agreement will be considered valid. It is important to note that if the agreement fully restrains a person from enforcing their legal rights, it would be considered void and unenforceable.

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85. A agrees to sell his car to B at a price which he may be able to pay. This agreement is

Explanation

This agreement is voidable because A agrees to sell his car to B at a price which he may be able to pay. This means that A has the option to cancel or void the agreement if he is unable to pay the agreed price. Voidable agreements are those that are initially valid but can be voided or canceled by one party if certain conditions are not met.

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86. A agrees to pay a certain sum of money to B, rival shopkeeper, If he closes his business in A's locality only. This agreement is

Explanation

The agreement between A and B is not valid because it involves the illegal act of restraining trade. It is against the principles of fair competition to force someone to close their business in a specific locality in exchange for money. Such agreements are generally considered void as they go against public policy and restrict free trade.

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A void agreement is one which is
Every agreement in restraint of marriage of any person other then a...
Which of the following types of agreements have been expressly...
An agreement the meaning of which is not capable of being made...
______________ are declared to be void under the Indian Contract Act.
Certain types of agreements have been expressly declared to be void by...
A agrees to discover a treasure by magic and B agrees to pay Rs....
 An agreement in restraint of marriage i.e., which prevents...
An agreement restraining the outgoing (.i.e., retiring) partner form...
An agreement which puts restriction on a person from marrying is void...
An agreement which prevents a person from marrying a particular...
Regulations as to the opening and closing of business in the market,...
A contract of insurance is a wagering agreement, thus void.
An agreement which restrains the seller of a good will from carrying...
As per Section 2(g) an agreement not enforceable by law is said to be...
Where an agreement in restraint of trade is not divisible, then the
A service agreement which prevents an employee from working anywhere...
An agreement which prevents a person from marrying a particular person...
When the good will of business is sold , the seller may be restrained...
An agreement to do an impossible act, is 
An agreement which completely retrains a person from enforcing his...
An agreement restraining the purchaser of goodwill from carrying on...
An agreement in restraint of legal proceedings is
An agreement to do an impossible act can be enforced with the...
An agreement will be void as being of wagering nature, if it is...
A __________  is one which provides that money or...
Agreements in restraint of trade have been expressly declared void...
An agreement the meaning of which is capable of being made certain, is
If in an agreement, one party may win and cannot lose, or he may lose...
Which of the following types of agreements have been expressly...
An agreement which prevents a person from marrying for a fixed period...
A agrees to sell to B all the production of his only factory situated...
An agreement to __________ where it is made to refer a future dispute...
Wagering agreements have been declared to be void under
A has the legal right to file a suit (legal case) against B either at...
An agreement in restraint of marriage is void if the restraint is
An agreement which prevents a person from marrying altogether is
An agreement by a producer to sell all his output to one distributor...
A agrees to pay Rs. 500 B if it rains on Monday, and if does not rain...
Which of the following agreement is not void as being an agreement in...
An agreement between the parties to refer any future dispute which may...
An agreement the meaning of which is not certain is
In which of the following cases an agreement does not fall in the...
Agreements to do impossible acts have been declared void under
An agreement in restraint of marriage is valid in case of
An agreement which puts absolute restraint on legal proceedings is...
An agreement which prevents a person from carrying a lawful business,...
Agreements by way of wager have been declared void under
Which of the following statements is correct?
An agreement in a restraint of trade is void only it the restraint...
All agreements in restraint of trade are void and there is no...
The term 'void agreement' is defined in _____________.  ...
A new promise to pay the stake money already won upon a wager, is
An agreement is void if it restrains anyone from exercising
An agreement to sell goods is ____________ where it provides...
Agreements in restraint of marriage have been declared void under
A agrees to enclose a space between two parallel lines and B agrees to...
Which of the following types of agreements have been expressly...
A agrees to pay a certain sum of money to B, a rival shopkeeper, if he...
An agreement between the parties to refer any existing dispute between...
An outgoing (i.e., retiring) partner can be restrained from carrying...
Agreement in restraint of legal proceedings have been declared as void...
An agreement to pay money or money's worth on the happening or...
Which of the following agreement are void?...
A agrees to sell to B, 100 tins of coconut oil at a price to be fixed...
An agreement which restrains a continuing partner of a firm from...
A legal action for breach of contract may be initiated within three...
Except in Gujarat and old Bombay, a transaction collateral to the main...
A service agreement which restrains an employee from accepting similar...
A commercial transaction in which the common intention of the parties...
____________ renders an agreement in restraint of trade void
An agreement which restrains an outgoing (i.e., retiring ) partner...
The uncertain agreements have been declared void under
Can the depositor recover back the money deposited with the...
A contract of insurance is
The term 'wage' or 'wagering agreement' has not been...
Where an agreement in restraint of trade is divisible, then the
A partner of a firm, so long as he is partner, can be restrained form...
A agrees to sell his scoter to B for Rs. 5,000 or Rs. 10,000. This...
Can the money deposited with a third person (i.e., a stakeholder ) for...
Under the English Law, an agreement restraint of marriage is void, if...
 As per Section 27, every agreement by which anyone is restrained...
Under the English Law, as agreement restraining marriage with...
An agreement which partially restrains a person from enforcing his...
A agrees to sell his car to B at a price which he may be able to pay....
A agrees to pay a certain sum of money to B, rival shopkeeper, If he...
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