| Direction: Each of the next 15 questions consists of two statements, one labelled as 'assertion' (A) and other as 'Reason' (R). You are to examine these two statements carefully and select the correct answer. |
| Assertion (A) The parties to contract must be competent to contract otherwise it will be void |
| Reason (R) All wagering agreements are void |
A) Both A and R are true and R is the correct explanation of A
B) Both A and R are true, but R is not the correct explanation of A
C) A is true, but R is false
D) A is false, but R is true
Correct Answer: B
Solution :
Both A and R are true but R is not the correct explanation of (A) Assertion (A) is correct according to Section 11 of Indian Contract Act, 1872 and Reason (R) is correct according to Section 30 of the Indian Contract Act, 1872.
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