AIBE IV — December 2012 — Q.29 | AIBE Prep

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Q.29

Contract, Specific Relief, Property & NI Act Medium Knowledge-Based

An agreement shall be void for-

A Mistake of fact by one party

✓ Mistake of fact by both the parties Answer

C Mistake of foreign law

D All the above

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Under the Negotiable Instruments Act, Section 138 makes cheque dishonour a criminal offence. Requirements: cheque for legally enforceable debt, dishonoured for insufficient funds, demand notice within 30 days, failure to pay within 15 days.

At a Glance

Subject Contract, Specific Relief, Property & NI Act

Difficulty Medium

Answer (B) Knowledge-Based

Paper AIBE IV — December 2012

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