Lending money to a borrower, at h igh rate of interest, when the mo ney market is tig ht renders the agreement of loan:

Related MCQs

• M is minor, B, the borrower, approaches M for a loan on the basis of a mortgage of the house owned by B. Hence, M advances the money and B executed a mortgage in favour of M, a minor. In these circumstances
• When both the parties to an agreement are under a mistake as to matter of fact essential to an agreement, the agreement is
• A makes a contract with B to buy his house for ₹50,000 if he is able to secure to bank loan for that amount. The contract is
• A borrows from B ₹500 to bet with C. Can B recover the amount of his loan?
• A borrows from B 500 to bet with C. Can B recover the amount of his loan?
• An agreement to sell is
• Agreement of which the consideration is inadequate is
• A void agreement is one
• Express offers and acceptances may be proved by the agreement between the parties but implied offers can be proved only by
• A agrees to sell to B a “hundred tons of oil”. There is nothing whatever to show what kind of oil was intended. The agreement is