Correct option is A
Assertion (A): "An agreement the object of which is opposed to the law, is void"
This statement is true. According to Section 23 of the Indian Contract Act, 1872, the consideration or object of an agreement must be lawful. If the object of the agreement is illegal, immoral, or opposed to public policy, the agreement is void.
Reason (R): "A valid contract requires that parties must contract for a lawful object"
This statement is also true and directly explains the assertion. A valid contract must satisfy certain essential conditions, and one of these is that the object of the contract must be lawful, as stated in Section 10 of the Indian Contract Act. If the object is unlawful, the agreement is void from the beginning.
Information Booster:
· Section 23 of the Indian Contract Act, 1872: Defines the legality of the object in a contract. It states that any contract whose object or consideration is illegal, immoral, or opposed to public policy is void.
· Section 10 of the Indian Contract Act, 1872: Lists the essential elements of a valid contract, which include lawful consideration, lawful object, free consent, and competent parties.
Additional Knowledge:
Void Agreements:
1. Agreements to commit illegal acts: Any agreement with an object to commit a crime or an illegal act is void.
2. Agreements opposed to public policy: Contracts that harm public interest, like restraining trade or marriage, are void under the law.
