Section 27 of the Indian Contract Act declares an agreement in restraint of trade:
Section 27 of the Contract Act declares every agreement by which anyone is restrained from exercising a lawful profession, trade or business to be "Void" to that extent,…
Choose your answer
Section 27 of the Indian Contract Act declares an agreement in restraint of trade:
Answer and explanation
Correct answer C
Section 27 of the Contract Act declares every agreement by which anyone is restrained from exercising a lawful profession, trade or business to be "Void" to that extent, subject to the exception for sale of goodwill. It does not call such an agreement voidable or merely unenforceable, and it is plainly not valid.
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