Law · Indian Contract Act, 1872
Which one of the following statements regarding void and illegal agreements is correct under the Indian Contract Act, 1872?
- 1An illegal agreement can be ratified by the parties later.
- 2Illegal agreements are always void.✓
- 3Illegal agreements are voidable at the option of the aggrieved party.
- 4Void agreements are always illegal.
Correct answer
Illegal agreements are always void.
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