Question

    When do agreements become contracts under the Indian

    Contract Act?
    A All agreements become contracts when they are made with the free consent of parties, competent to contract, for a lawful consideration and with a lawful object, and are not expressly declared void Correct Answer Incorrect Answer
    B All agreements are contracts when they are made with a written signature, even if the consideration or object is unlawful Correct Answer Incorrect Answer
    C All agreements become contracts only when they are registered under the Registration Act Correct Answer Incorrect Answer
    D All agreements become contracts when they are made by competent parties for a lawful consideration, even if the object is unlawful Correct Answer Incorrect Answer
    E All agreements are automatically contracts once signed by both parties, regardless of consent or consideration Correct Answer Incorrect Answer

    Solution

    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.

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