Multiple choice

A promises, for no consideration, to give to B Rs. 1000. The agreement is

  1. voidable

  2. void

  3. enforceable

  4. not enforceable not being in writing

  5. None of above

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

Option (1) is incorrect: It is not a voidable agreement. Option (2) is correct: Under Section 2 of the Indian Contract Act, 1872, every promise and every set of promises, forming the consideration for each other, is an agreement. Hence, the given agreement is void from the beginning. Option (3) is incorrect: It is not enforceable in the court of law.  Option (4) is incorrect: Not enforceable at all, whether in writing or in oral.