AILET Legal-Aptitude: Questions 32 - 33 of 152
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Question number: 32
Appeared in Year: 2013
1) Parties to contract should be capable of entering in to contract, only then they can lay the foundation of a valid contract.
2) Every person is competent to contract who is of the age of majority.
FACTUAL SITUATION: A minor agreed with B to become a tenant of his house and to pay Rs. 1, 000/- for the furniture therein. He paid Rs. 800/- in cash and gave a promissory note for the balance. A occupied the premises and used the furniture for some months and then brought an action for refund of consideration, in this case
A is liable to pay Rs. 1, 000
A is liable to pay remaining Rs. 200
Neither B is liable to refund Rs. 800 nor A is under obligation to pay Rs. 200
A is liable to refund of Rs. 800
Question number: 33
Appeared in Year: 2014
Consideration must be of value in the eyes of law.
Consideration is not real if it is illusory.
FACTUAL SITUATION: Arjun received summons to appear at a trial as a witness on behalf of Bitu, the accused. Bitu promised to pay him a sum of Rs. 1, 000 for his trouble. On default by Bitu, Arjun filed a suit to recover the said sum. Will he succeed?
No, as there is no consideration for the promise.
No, as the consideration is of no value in the eyes of law.
Yes, as the contract is supported by consideration.
Yes, as he appeared before court only after Bitu agreed to pay him the amount of Rs. 1, 000.