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      Question

      Which of the following is not essential for a valid

      contract under the Indian Contract Act, 1872?
      A Free consent Correct Answer Incorrect Answer
      B Lawful object Correct Answer Incorrect Answer
      C Competent parties Correct Answer Incorrect Answer
      D Registration with Registrar of Companies Correct Answer Incorrect Answer
      E Lawful consideration Correct Answer Incorrect Answer

      Solution

      Registration is required only for specific contracts, like for companies or immovable property. For most contracts, consent, legality, consideration, and capacity are essential elements.

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