New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    According to the Contract Act what is the legal status of an agreement in which the parties agree to perform an act that is inherently impossible?

    A The agreement is enforceable, but only if both parties are unaware of the impossibility at the time of agreement Correct Answer Incorrect Answer
    B The agreement is valid until one party attempts to perform the impossible act, at which point it becomes void Correct Answer Incorrect Answer
    C The agreement is void from the outset, as it involves an act that is impossible in itself Correct Answer Incorrect Answer
    D The agreement is conditionally valid, depending on whether the impossibility can be resolved through reasonable effort Correct Answer Incorrect Answer
    E The agreement is valid, but the parties may seek modification to substitute the impossible act with a feasible alternative. Correct Answer Incorrect Answer

    Solution

    Section 56.   Agreement to do impossible act: An agreement to do an act impossible in itself is void.

    Practice Next

    Relevant for Exams: