A promises to pay Rs 5 000 to B if he feels like to pay This agreement is ........

Indian Contract Act (ICA)1872 Valid and Void Contracts

A promises to pay Rs 5,000 to B if he feels like to pay. This agreement is

Valid

Voidable

Void

Illegal

- Option 1: Valid

- An agreement that fulfills all legal requirements is valid.

- Here, the promise depends on the promisor's wish, lacking mutual obligation.

- Option 2: Voidable

- A voidable contract is valid until a party chooses to void it.

- This situation lacks an enforceable promise for either party.

- Option 3: Void

- A void agreement has no legal effect from the start.

- Here, the promise is vague and unenforceable, as payment depends solely on personal discretion.

Correct Answer: Option 3

- Option 4: Illegal

- An illegal contract involves unlawful actions.

- The issue here isn't legality but lack of commitment.

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