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CSEET · Business Laws and Management · Elements of Law of Contracts

Match the Section 10 requirement (List I) with the matter described (List II). List I: (P) Free consent; (Q) Competent parties; (R) Lawful object; (S) Not expressly declared void. List II: (1) The agreement is not one the Act pronounces void; (2) The parties' agreement is not caused by a defect in consent; (3) The purpose of the agreement is not forbidden by law; (4) The parties have the capacity to contract. Choose the correct matching.

The correct matching is P-2, Q-4, R-3, S-1. Free consent means agreement without a defect in consent, competent parties have capacity to contract, lawful object means the purpose is not forbidden by law, and the last requirement is that the agreement is not expressly declared void.

  1. AP-2, Q-4, R-3, S-1Correct
  2. BP-4, Q-2, R-3, S-1
  3. CP-2, Q-4, R-1, S-3
  4. DP-3, Q-4, R-2, S-1

Explanation

Free consent matches absence of a defect in consent (2); competent parties match capacity (4); lawful object matches a purpose not forbidden by law (3); not expressly declared void matches (1). The other options swap consent with capacity or object with void status.

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