McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2026
→
Cost Accounting
→
Fundamentals of Law
→
Agreement of which the consideration is ...
Q.
Agreement of which the consideration is inadequate is
A.
Void
B.
Voidable
C.
Valid
D.
None of the above
Answer» C. Valid
1.5k
0
Do you find this helpful?
25
View all MCQs in
Fundamentals of Law
Discussion
No comments yet
Login to comment
Related MCQs
When both the parties to an agreement are under a mistake as to matter of fact essential to an agreement, the agreement is
An agreement without consideration is void under
An agreement without consideration is void except in case of compensation for
In Indian Law consideration must have been done at the desire of the promisor, if it is done at the instance of a third party or without the desire of the promisor, it is:
A valid consideration includes,
In India, a person who is stranger to the consideration
S sells certain goods to B of Bomba y. The goods are handed over to the ra ilways for transmission to B. In the meantime, B sells the goods to a third party T for consideration without the consent of S. B becomes insolvent. In this case—
The inadequacy of consideration may be taken into account by the court
Where consideration is illegal or physically impossible, uncertain or ambiguous, it shall not be
Consider the following statements: Consideration is 1. A motive for any promise 2. A price for any promise 3. Only a moral obligation 4. Something of value in the eye of law of these statements.