Manish enters into a contract with Nikhil to murder his wife, Preity for a sum of Rs. 5 lakhs. Manish agrees to pay the amount to Nikhil in return of the murder. Is it a valid contract?
The contract is voidable at the option of Nikhil due to the risk involved in it.
The contract is void due to unlawful consideration.
The contract is valid and Nikhil must perform the act of murdering Preity.
The contract is uncertain as the manner of murdering Preity is not specified in it.
In the present case, the contract is void as the consideration of the same i.e. murdering of Preity is unlawful. No obligations arise out of a void contract. The Section 24 of The Indian Contract Act, 1872 states that a contract whose object or consideration is unlawful is void.Hence correct option is b