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Harshita Jain posted an Question
October 16, 2020 • 22:16 pm
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30 points
30 points
- UGC NET
- Commerce
An agreement is (a) offer (b) offer & acceptance (c) offer + acceptance + consideration (d) contract
An agreement is (A) Offer (B) Offer & Acceptance (C) Offer + Acceptance + Consideration (D) Contract
1 Answer(s)
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Priya gulani
A valid agreement is said to have the essentials of a valid contract, them being: Proposal Acceptance Lawful Object Lawful Consideration Capacity to Contract
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Priya gulani
A valid agreement is said to have the essentials of a valid contract, them being: Proposal Acceptance Lawful Object Lawful Consideration Capacity to Contract
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Rucha rajesh shingvekar
option (b)
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Priya gulani
The conditions when an agreement will enforce are given in Section 10 of Indian Contract Act, 1872. In this section, an agreement is a contract when it is made for some consideration, between competent parties, with their free consent and for a lawful object.
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what is the ans
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The Indian Contract Act 1872, section 2(e), defines an agreements as \"every promise and every set of promises, forming the consideration for each other is an agreement. A valid agreement is said to have the essentials of a valid contract, them being: Proposal Acceptance Lawful Object Lawful Consideration Capacity to Contract
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so option c
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Rucha rajesh shingvekar
![best-answer]()
option (b)
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Durgesh rawat
offer + acceptance= agreement after consideration it will become contact so answer is (b)