BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The object of an agreement must be always ____
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lawful
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illegal
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wise
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achieved
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Explanation:
Detailed explanation-1: -India Code: Section Details. the Court regards it as immoral, or opposed to public policy. In each of these cases, the consideration or object of an agreement is said to be unlawful. Every agreement of which the object or consideration is unlawful is void.
Detailed explanation-2: -The object of a contract is the thing which it is agreed, on the part of the party receiving the consideration, to do or not to do.
Detailed explanation-3: -A lawful object in business law means that it should not be against public policy. The purpose of public policy is not to curtail any individual’s rights but to maintain and protect the general welfare of the community.
There is 1 question to complete.