Multiple choice

Which of the following statements is true?

  1. Intimation of minimum price is proposal.

  2. An agreement against public policy is voidable.

  3. An agreement, the meaning of which is not certain, is void.

  4. Contingent contracts are illegal.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (1) is incorrect: Intimation of minimum price is not a proposal as per the provisions of the Indian Contract Act. Option (2) is incorrect: An agreement against public policy is void.

Option (3) is correct: An agreement, the meaning of which is not certain, is completely void under Section 29 of the Contract Act. Option (4) is incorrect: Contingent contracts are not illegal.

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