Akshay Kumar agrees to sell Boney Kapoor his laptop for 500 Euros or for 100 Cryptocurrency Units. In…
The agreement is void for uncertainty. A sale price must be certain or capable of being made certain, but the parties leave two alternative prices without specifying which…
Choose your answer
Akshay Kumar agrees to sell Boney Kapoor his laptop for 500 Euros or for 100 Cryptocurrency Units. In this context, which of the following statements is
true?
Answer and explanation
Correct answer B
The agreement is void for uncertainty. A sale price must be certain or capable of being made certain, but the parties leave two alternative prices without specifying which applies and do not identify the cryptocurrency. This resembles section 29 of the Indian Contract Act, where an unresolved choice between two prices makes the agreement void.
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