'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.
Options:
Lawful
Contingent
Unlawful
Valid
Correct Answer:
Unlawful
Explanation:
The correct answer is Option (3) → Unlawful
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.
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.