SETTLING NORTH AMERICA 1497 1732
COLONIES OF FRANCE ENGLAND
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Navigation Act
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Quartering Act
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Stamp Act
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None of the above
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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.