Q. A borrows ` 5,000 from B to purchase a revolver to shoot C. Can B recover his loan of ` 5,000, assumingthat B knows the purpose of the loan. (Solved)
1. yes, the agreement between them is valid and enforceable
2. no, the agreement is opposed to public policy
3. no, the agreement is a voidable agreement and can be avoided by A
4. no, the agreement falls under section 23 and hence illegal
- d. no, the agreement falls under section 23 and hence illegal