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

    Question

    An agreement consists of reciprocal promises between at

    least
    A Five parties Correct Answer Incorrect Answer
    B Two parties Correct Answer Incorrect Answer
    C Four parties Correct Answer Incorrect Answer
    D Three parties Correct Answer Incorrect Answer

    Solution

    Contract Act Sec 2 (f) defines ‘Reciprocal Promises’ as – “Promises which form the consideration or part of the consideration for each other, are called reciprocal promises.

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