Business Studies · Indian Contract Act, 1872 - Void vs Illegal Agreements
Which one of the following statements is CORRECT regarding agreements under the Indian Contract Act, 1872?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An illegal agreement can be ratified subsequently by the parties.
- 2Illegal agreements are always void.✓
- 3Illegal agreements are voidable at the option of either party.
- 4Void agreements are always illegal.
Correct answer
Illegal agreements are always void.
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