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    Question

    All contracts are agreements but all agreements are not

    contract. In the context of the given statement what is important for an agreement to be a contract?
    A Consideration Correct Answer Incorrect Answer
    B Enforceable at law Correct Answer Incorrect Answer
    C Consent of the parties Correct Answer Incorrect Answer
    D Both a & c Correct Answer Incorrect Answer

    Solution

    Section  2 (h) as “An agreement enforceable by law” is called a contract.

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