Friday, January 11, 2008

Contract Act_Practicle Problems_66

X offers to sell a painting to Y which X knows is the copy of a well-known master piece. Y, thinking that the painting is the original one, decides to buy it at a very high price. Is this a valid contract?

1 comment:

harish said...

According to Contract Act both the parties shall be competent to contract.Here Y is innocent and believed that the painting is original one.
Therefore the this contract is Voidable.