Law · Legal Aptitude
Ms. X and Ms. Y entered into a contract for the sale of an article, while reeling under the erroneous belief that the sale of the article, which was the subject-matter of the agreement, was permitted by the law in force in India. In this situation, which of the following statements is true under Section 21 of the Indian Contract Act, 1872?
- 1The contract is not voidable.✓
- 2The contract is voidable at the option of Ms. Y.
- 3The contract is voidable at the option of Ms. X.
- 4The contract is void.
Correct answer
The contract is not voidable.
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