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CA Foundation doubt

18. Pradeep sells by auction to Rakesh a horse which Pradeep knows to be unsound. The horse appears to be sound, but Pradeep knows about the unsoundness of the horse. Is this contract valid in the fol

Asked by Akash5 Aug 2024352 views

1 answer

  1. Rasmi · 6 Aug 2024

    (i) valid. As per to principle of caveat emptor. Let the buyer beware. (ii) Void. Silence is faud, when both parties are in real&apperant relationship.(Pradip son) (iii) Void. Here , silent is equivalent to speech. He says nothing means the horse is sound.

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