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

    Question

    Every promise and every set of promise forming the

    consideration for each other is a/an
    A Offer Correct Answer Incorrect Answer
    B Contract Correct Answer Incorrect Answer
    C Agreement Correct Answer Incorrect Answer
    D Acceptance Correct Answer Incorrect Answer

    Solution

    Section 2(e) of the Indian Contract Act provides, “Every promise and every set of promises, forming the consideration for each other, is an agreement.”

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