An officer enters into a contract with his subordinate to sell his (subordinate's) house at a lower price than the market price. The subordinate may challenge the contract on the ground of

Related MCQs

• A master asks his servant to sell his cycle to him at less than the market price. This contract can be avoided by the servant on grounds of:
• A, a singer enters into a contract with B, the manager of a theatre to sing at his theatre two nights in every week during the next two months and B engages to pay her `100 for each night's performance. On the sixth night, A willfully absents herself from the theatre.
• A minor enters into agreement representing himself to be a major consider the following statement: 1. Minor commits fraud if the other party does not have personal knowledge of his age 2. Such agreement is not enforceable 3. The doctrine of estoppel does not apply in minor's case 4. Other party is entitled to get back the benefit passed to minor, if innocent about his age Which of the statements given above are correct?
• A, while filling up the insurance application form, states his age as 25 believing it to be true. His actual age was 27. The Life Insurance Corporation issued a policy in his favour charging a lower premium than what it should have charged if the actual age had been given. This is a case of
• 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
• Under Section 36 of this Act an outgoing partner may carry on business competing with that of the firm and he may advertise such business, but, subject to contract to the contrary he may not
• Each party to a contract is bound to perform his part of the obligation. After the parties have made due performance of the contract comes to an end. In such a case the contract is said to be discharged :
• Where under a contract of sale, the price is payable on a certain day irrespective of delivery and Buyer wrongfully neglects or refuses to pay the price, the Seller can sue the Buyer for the price of goods. For this purpose, goods —
• A threatens to shoot B, if B does not agree to sell his property to A at a stated price. B's consent in this case has been obtained by
• A enters into an agreement with B who has robbed A of `10,000 to drop prosecution against him (B) in consideration of B's returning ` 8,000. Afterwards B refused to pay. A can get from B