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CMA Foundation · Fundamentals of Business Laws and Business Communication · Void and Voidable Agreements, No Consideration No Contract

The second paragraph of Section 10 provides that the section does not affect any law in force in India by which a contract must be made in a particular form. Which of the following does it specifically preserve?

Section 10 preserves any law in force in India requiring a contract to be made in writing or in the presence of witnesses, and any law relating to registration of documents. So where another statute prescribes such a form, that requirement continues to apply despite the general rule.

  1. AAny law requiring a contract to be in writing or in the presence of witnesses, or relating to registration of documentsCorrect
  2. BAny law fixing the price at which goods may be sold
  3. CAny law permitting minors to contract for luxuries
  4. DAny law allowing courts to rewrite unfair contract terms

Explanation

The second paragraph of Section 10 says nothing in it affects any law requiring a contract to be made in writing or in the presence of witnesses, or any law relating to registration of documents. The other options mention matters not covered by that paragraph.

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