English

Consists of Legal Proposition(S)/ Principle(S) (Hereinafter Referred to as 'Principle') and Facts. Such Principles May Or May Not Be True in the Real and Legal Sense, Yet - Mathematics

Advertisements
Advertisements

Question

Consists of legal proposition(s)/  principle(s) (hereinafter referred to as 'principle') and facts. Such principles may or may not be true in the real and legal sense, yet you have to conclusively assume them to be true for the purposes of this Section. In other words, in answering these questions, you must not rely on any principle except the principles that are given herein below for every question.  
Further, you must not assume any facts other than those stated in the question. The objective of this section is to test your interest in the study of law, research aptitude, and problem-solving ability, even if the 'most reasonable conclusion' arrived at may be absurd or unacceptable for any other reason. It is not the objective of this section to test your knowledge of the law.  
Therefore, to answer a question, the principle is to be applied to the given facts and to choose the most appropriate option. 

Principle: Ownership in property consists of the right to possess, the right to use, the right to alienate, and the right to exclude others. The sale is complete when the property gets transferred from the seller to the buyer on sale.

Facts: ‘A’ sold his car to ‘B’. After this, ‘B’ requested ‘A’ to keep the car in his care on behalf ‘B’ for one month. ‘A’ agreed.

Options

  • The sale of the car is complete.

  • The sale will be automatically completed after the expiry of  one month

  • Sale of the car is not complete

  • The sale will be completed when 'B' will take the delivery of the car.  

MCQ
Advertisements

Solution

The sale of the car is complete.

Explanation:

Sale of the car is complete The sale of the car was complete when 'A' sold his car to 'B' and gave 'B' the right to possess, the right to use. right to alienate and right to exclude others. When 'B' requested 'A' to keep the car in his care on behalf of 'B' for one month, the car was still under the ownership of 'A'.

shaalaa.com
Indian Contract Act (Entrance Exams)
  Is there an error in this question or solution?
2016-2017 (May) Set 1

RELATED QUESTIONS

Principle:  Property can be transferred only by a living person to another living person.  

Facts:  'A‘ transfers property of which he is the owner in favor of the unborn child of B.


Choose the most appropriate option:

As per law the minimum age for the marriage of a boy and a girl in India is­-


Which law introduced the system of dyarchy in India during the British reign?


The Indian Contract Act came into force on:


Which of the following is false with respect to minors entering a contract?


An offer stands revoked


Parol contracts are also known as


.................. is made by words spoken.


Given below is the statement of Legal principle followed by a factual situation. Apply the principle to the facts given below and select the most appropriate answer.
LEGAL PRINCIPLE: The acceptance of an offer will be valid only if it is made in the way it was expected to be made.
FACTUAL SITUATION: There was a telephonic discussion between 'J' and 'K' for negotiating the sale of the shop of former to the latter. Upon reaching an agreement as to the price of the shop of 'J' at Rs 20 lakh, 'J' told 'K' to send a letter to him within two weeks confirming that she wishes to buy the shop for the price finalized. Two days thereafter, 'K' gave her acceptance to 'J' over the telephone but sent the letter of confirmation after a lapse of one month.
ls 'J' bound by the acceptance of 'K'?
DECISION:


From the four answers given, shade the appropriate answer.

A contract contravening public policy is void. There cannot be a general definition of public policy. Which of the following is a correct derivation from the above?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×