Question

When do agreements become contracts under the Indian Contract Act?

Q: Answer-When do agreements become contracts under the Indian 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.

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

B All agreements are contracts when they are made with a written signature, even if the consideration or object is unlawful

C All agreements become contracts only when they are registered under the Registration Act

D All agreements become contracts when they are made by competent parties for a lawful consideration, even if the object is unlawful

E All agreements are automatically contracts once signed by both parties, regardless of consent or consideration

Practice Next

More Other Laws and Acts Questions

A and B were married. During marriage A committed forgery and communicated it to B, his wife. After some time divorce took place between A and B, and B mar...
What is the implied warranty in a contract of sale of goods that the goods shall be reasonably fit for?
A risk assessment that provides numerical expressions of risk and indication of the attendant uncertainties is called
What is ADR?
What type of partnership arises when no provision is made by contract between the partners for the duration or determination of the partnership?
Which of the following Chapters consist of the following facilities of washing, storing, drying cloths, first aid appliances under the Factories Act, 1948?
Art. 165 of the Constitution deals with the appointment of ?
In the landmark case CIT v. Sunaero Limited (2012) and related cases, courts addressed the concept of "wholly-owned subsidiary" and its legal implications ...
According to Indian Partnership Act, 1932 the mutual rights and duties of partners in a firm can be determined by:
Preferential shares with reference to any company limited by shares, means that part of the issued share capital of the company which carries or would carr...

Hey! Ask a query

When do agreements become contracts under the Indian Contract Act?

Detailed Solution

More Other Laws and Acts Questions

Hey! Ask a query

Please Register/Login