Question

8. A contract is said to be induced by undue influence where one of the parties is in a position to dominate the will of the other AND uses that position to obtain an unfair advantage over the other because of all of the following except: a) Real Authority b) Apparent Authority c) Implied Authority. d) Mental capacity temporary or permanently affected​

Answer 1

Answer:

Q.10 Ram allows 15% discount and still makes 5% profit. Find the marked prize of an article which cost him Rs. 340.

Answer 2

Answer:

Section 16 of the Indian Contract Act defines undue influence. ... (1) A contract is said to be induced by undue influence where the relations subsisting the parties are such that one of the parties is in apposition to dominate the will of the other and uses the position to obtain an unfair advantage over the other.