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  • ) Patil is a well known businessman who is engaged in the sale of only almond oil. Radha enters into an agreement

) Patil is a well known businessman who is engaged in the sale of only almond oil. Radha enters into an agreement with Patil for 100 tons of oil. Due to the price of oil increasing in the market, Patil states that the agreement is void in nature. Decide whether his claim holds legal merit.

Option: 1

Yes, because the agreement is uncertain as the specification of the type of oil is not mentioned in the agreement making it void.


Option: 2

No, the agreement is not uncertain as Patil only sells almond oil and the agreement is enforceable.


Option: 3

Yes, because the agreement changes in nature due to the rise in prices of oil.


Option: 4

) No, because an agreement is a promise made by the promisor which is legally enforceable despite uncertainty over the type of oil.


Answers (1)

best_answer

No, the agreement is not uncertain as Patil only sells almond oil and the agreement is enforceable. Hence,there is no uncertainty and the agreement is enforceable while law fulfilling this essential. hence option B is the correct option.

Posted by

Suraj Bhandari

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