[amp_mcq option1=”Valid” option2=”Voidable” option3=”Void” option4=”None of these ” correct=”option3″]<\/p>\n
The correct answer is (c) Void.<\/p>\n
A lease is a contract between a landlord and a tenant that gives the tenant the right to occupy a property for a specified period of time in exchange for rent. A lease is considered void if it is not supported by consideration, if it is illegal, or if it is impossible to perform.<\/p>\n
In this case, the lease is void because the condition that B shall walk a hundred miles in an hour is impossible to perform. It is physically impossible for a human being to walk a hundred miles in an hour. Therefore, the lease is void and neither party is bound by its terms.<\/p>\n
(a) Valid: A valid lease is one that is supported by consideration, is not illegal, and is possible to perform. In this case, the lease is not valid because the condition that B shall walk a hundred miles in an hour is impossible to perform. Therefore, the lease is void.<\/p>\n
(b) Voidable: A voidable lease is one that is valid but can be cancelled by one of the parties. In this case, the lease is not voidable because there is no basis for B to cancel the lease. Therefore, the lease is void.<\/p>\n
(d) None of these: The lease is void, not none of these.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Valid” option2=”Voidable” option3=”Void” option4=”None of these ” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[374],"tags":[],"class_list":["post-891","post","type-post","status-publish","format-standard","hentry","category-void","no-featured-image-padding"],"yoast_head":"\n