CAF-4 · Chapter 7 · Question 9 of 12
If an agreement is discovered to be void, any person who has received any advantage under such agreement is bound:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) To restore it, or make compensation for it, to the person from whom he received it.
Explanation
Section 64/65 (Restitution) requires the restoration of benefits received under void or voidable contracts.
More Contingent and quasi-contracts MCQs
- Q11A contingent contract to do something if a specified uncertain event DOES NOT happen within a fixed time can be enforced when:
- Q12Agreements contingent on impossible events are:
- Q1A contract to do or not to do something, if some event, collateral to such contract, does or does not happen, is called a:
- Q2A contingent contract to do something if an uncertain future event happens can be enforced by law:
- Q3If a contingent contract is based on an event which becomes 'impossible', the contract becomes: