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Under the Indian Contract Act, 1872, A agrees to sell a horse worth Rs. 1000/- (One Thousand) for…

Under Indian Contract Act s.25 Explanation 2, mere inadequacy of consideration does not itself avoid an agreement; since A's consent was freely given, the low price is…

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Under the Indian Contract Act, 1872, A agrees to sell a horse worth Rs. 1000/- (One Thousand) for Rs.10/- A's consent to the agreement was freely given

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Under Indian Contract Act s.25 Explanation 2, mere inadequacy of consideration does not itself avoid an agreement; since A's consent was freely given, the low price is irrelevant and the contract remains valid.

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