An agreement to share the gains of fraudulent acts is:
Question and options
An agreement to share the gains of fraudulent acts is:
- Unlawful
- Lawful
- Immoral
- None of the given options is correct
Answer and explanation
Correct answer: A - Unlawful
Under Section 23 of the Indian Contract Act, 1872, the consideration or object of an agreement is unlawful if it is fraudulent, and such an agreement is void. An agreement to share the gains of fraudulent acts therefore has an unlawful object; "immoral" is a separate head under Section 23 and does not describe fraud.
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