USA HISTORY

SETTLING NORTH AMERICA 1497 1732

COLONIES OF FRANCE ENGLAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
required all legal documents to carry a stamp showing that tax had been paid on it
A
Navigation Act
B
Quartering Act
C
Stamp Act
D
None of the above
Explanation: 

Detailed explanation-1: -The main purpose of this Act is to generate revenue for the Indian government. A document which is stamped acts as valid evidence in a court of law. The Stamp Act also makes payment of stamp duty on some documents compulsory which in return makes those documents legally valid and authentic.

Detailed explanation-2: –All instrument chargeable with duty and executed by any person in 44 [India] shall be stamped before or at the time of execution.

Detailed explanation-3: -The Contract Act does not make stamping of agreements compulsory. It does not make an unstamped agreement/contract thereby invalid or unenforceable. Therefore, an agreement does not require mandatory stamping to make it a legal and valid instrument.

There is 1 question to complete.