Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Contract Act Voidable Contracts And Void Agreements
Which of the following statements is true regarding agreements in restraint of trade under section 27 on Indian Contract Act 1872?
1
Agreements in restraint of trade are always valid.
2
Agreements in restraint of trade are void regardless of the circumstances.
3
Agreements in restraint of trade are void, except when they involve the sale of goodwill with reasonable limits.
4
Agreements in restraint of trade are valid if they are overly restrictive.