Multiple choice

A contract is valid, if it is created by

  1. mistake as to any law enforcable in India

  2. mistake as to any law of foreign country

  3. mistake of fact to both the parties

  4. mistake regarding the existence of subject matter

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is a valid contract because mistake of ignorance of law is not an excuse.