'A' enters into agreement with 'B' to share the profits by giving false assurance to the public to get them job. The agreement between 'A' and 'B' is.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Unlawful
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The agreement between 'A' and 'B' involves deceit, as they are providing false assurances to the public to share profits. This is not only dishonest but also against public policy.
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According to contract law, agreements made with the intention to deceive or defraud others, or agreements that involve illegal activities, are considered unlawful. Such agreements cannot be enforced by law.