New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Enforceable agreements are the

    agreements_______________
    A Free consent of the parties Correct Answer Incorrect Answer
    B Competency of the parties Correct Answer Incorrect Answer
    C Has lawful consideration & object Correct Answer Incorrect Answer
    D All a, b & c Correct Answer Incorrect Answer

    Solution

    Contract Act-Section 10 What agreements are contracts—All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void. Nothing herein contained shall affect any law in force in India and not hereby expressly repealed by which any contract is required to be made in writing1 or in the presence of witnesses, or any law relating to the registration of documents.

    Practice Next