New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    With reference to the Indian Contract Act, 1872.

    promises which form the consideration or part of the consideration for each other are called______.
    A Valid contract Correct Answer Incorrect Answer
    B Counter proposal Correct Answer Incorrect Answer
    C Agreement Correct Answer Incorrect Answer
    D Reciprocal promises Correct Answer Incorrect Answer

    Solution

    Section 2.   Interpretation-clause- (f) Promises which form the consideration or part of the consideration for each other are called reciprocal promises.

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