| Direction: Given below are the statements of facts of the case. After statement of facts, legal principles are given apply the principles to the facts of the case and select the most appropriate answer from among the four alternatives. |
| Principle An agreement to which the consent of the seller is freely given, is not void merely because the price is inadequate. |
| Facts Ramesh agrees to sell a horse worth Rs 100000 for Rs 10 to Vipin. |
A) Yes, because the price is inadequate
B) No, because Ramesh's consent to the agreement was freely given
C) Yes, if Ramesh's consent was not freely given
D) Both 'b' and 'c'
Correct Answer: B
Solution :
According to the Section 14 of the Indian Penal Code, 1872, Consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation, mistake. In the present case Ramesh's consent to sell his horse for Rs 10 to Vipin is free and voluntary, so this agreement is not void, merely because the price is inadequate.
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