New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    Which of the following statements is true regarding

    contracts involving impossible or unlawful acts?
    A A contract to perform an act that is impossible from the beginning is void Correct Answer Incorrect Answer
    B A contract remains valid even if the act becomes impossible or unlawful after the contract is made Correct Answer Incorrect Answer
    C A contract is void only if the act becomes impossible due to the actions of the promisor Correct Answer Incorrect Answer
    D A contract to do an impossible act is enforceable if the promisor makes reasonable efforts to complete it Correct Answer Incorrect Answer
    E A contract becomes void only if the act becomes unlawful due to a change in the law after the contract is formed Correct Answer Incorrect Answer

    Solution

    Explanation:Contract Act Section 56.Agreement to do impossible act:  An agreement to do an act impossible  in  itself  is  void.Contract  to  do  an  act  afterwards  becoming  impossible  or unlawful.—A contract to do an act which, after the contract is made, becomes impossible, or, by reason of some event which the promisor could not prevent, unlawful, becomes void when the act becomes impossible or unlawful.

    Practice Next