What is meant by 'Free Consent' in legal context?

Prepare for the CA Foundation Business Law Exam with our comprehensive quiz. Utilize flashcards and multiple-choice questions, each complete with hints and explanations. Ace your exam confidently!

In a legal context, 'Free Consent' refers to the idea that all parties involved in a contract agree to the terms voluntarily and without any form of coercion or undue influence. This means that each party fully understands the implications of their agreement and is entering into it willingly, free from external pressures, misrepresentation, or threats.

When consent is obtained in this manner, it forms the foundation for a valid and enforceable contract. If any form of coercion, fear, or duress is involved, as suggested by the other options, the consent cannot be considered free or genuine. Therefore, option B encapsulates the essence of 'Free Consent' by emphasizing the importance of voluntary agreement, which is crucial for the legal enforceability of contracts.

In contrast, consent given under duress or fear compromises the integrity of the agreement, rendering such consent invalid. Similarly, a contractual agreement made with no parties present does not fulfill the requirement of mutual consent, as the presence and agreement of all parties are necessary for a valid contract.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy