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X has license to operate business of liquor shop and bar. X makes a contract to entrust his business to…

Running a liquor business requires a licence, so entrusting it to an unlicensed person gives the agreement an unlawful object under s.23; the contract is "Not valid as Y…

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X has license to operate business of liquor shop and bar. X makes a contract to entrust his business to Y against a certain amount of annual payment. The contract is

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Correct answer B

Running a liquor business requires a licence, so entrusting it to an unlicensed person gives the agreement an unlawful object under s.23; the contract is "Not valid as Y does not have a license to run the business".

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