Consider the following statement: Statements

Q: Answer-Consider the following statement: Statements (I): Consideration is necessary to create an agency...

Contract Act Section 185 Consideration not necessaryNo consideration is necessary to create an agency. No consideration is necessary to create an agency.

(I): Consideration is necessary to create an agency Statements (II): No consideration is necessary to create an agency

A Statements (I) is correct. (II) is incorrect Correct Answer Incorrect Answer

B Statements (II) is correct. (I) is incorrect Correct Answer Incorrect Answer

C Both statements are incorrect Correct Answer Incorrect Answer

D Both statements are correct Correct Answer Incorrect Answer

Solution

Contract Act: Section 185 Consideration not necessary—No consideration is necessary to create an agency. —No consideration is necessary to create an agency."

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