n NISM Certifications
NSM General NISM
Medium

What is meant by free consent in a valid contract?

Practice question from IC 38 Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Consent obtained through coercion and fraud

  2. Consent not caused by coercion, undue influence, fraud, misrepresentation, or mistake

    Correct answer

  3. C

    Consent caused by mistake only

  4. D

    Consent not caused by coercion, fraud, or misrepresentation

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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