Economics · Business Law
Match the examples of transforming a valid contract into a void contract in List I with their corresponding reasons in List II: List I (Example)List II (Reason)A. A and B contract to marry each other. Before the time fixed for the marriage, A goes mad.I. Contract contingent on an event becoming impossibleB. A agrees to sell B 100 bags of wheat at Rs. 1650 per bag. Before delivery, the Government bans private trading in wheat.II. Repudiation of a voidable contractC. A contracts to give Rs. 1000 as loan to B, if B marries C. C dies without being married to B.III. Supervening impossibility / FrustrationD. A, threatening to murder B's son, makes B agree to sell his car worth Rs. 15,00,000 for Rs. 5,00,000. B elects to rescind the contract.IV. Subsequent illegality Choose the correct option:
- 1(A)-(III), (B)-(IV), (C)-(I), (D)-(II)✓
- 2(A)-(III), (B)-(IV), (C)-(II), (D)-(I)
- 3(A)-(II), (B)-(III), (C)-(I), (D)-(IV)
- 4(A)-(I), (B)-(II), (C)-(III), (D)-(IV)
Correct answer
(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
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