Multiple Choice Questions on Under Section 27 of the Indian Contract Act 1872 in which of the following relation an agreement in ........... for Judicial Services Exam (JS) Preparation

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Multiple Choice Questions

Under Section 27 of the Indian Contract Act 1872 in which of the following relation an agreement in ...........

Indian Contract Act (ICA)1872 Valid and Void Contracts
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    Under Section 27 of the Indian Contract Act, 1872, in which of the following relation an agreement in restraint of trade is valid: 

    Mutual adjustment 

    Incorrect Answer

    Business contingency 

    Incorrect Answer

    Sale of goodwill 

    Correct Answer

    None of these 

    Incorrect Answer
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    Explanation:

    Agreement in restraint of trade is subject to three exceptions - Sale of Goodwill; trade combinations & Sections 11(2), 36(2) 54, 55(3) of the Indian Partnership Act

    By: Parvesh Mehta
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