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What is the definition of a contract as per the Indian Contract Act, 1872?
  • a)
    An agreement enforceable by law
  • b)
    A promise enforceable at law
  • c)
    An agreement made by the free consent of parties competent to contract
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the definition of a contract as per the Indian Contract Act, 1...
According to the Indian Contract Act, 1872, a contract is defined as an agreement enforceable by law. It is a promise that is enforceable at law and is made by the free consent of parties competent to contract. Therefore, option D is the correct answer.
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What is the definition of a contract as per the Indian Contract Act, 1872?a)An agreement enforceable by lawb)A promise enforceable at lawc)An agreement made by the free consent of parties competent to contractd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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What is the definition of a contract as per the Indian Contract Act, 1872?a)An agreement enforceable by lawb)A promise enforceable at lawc)An agreement made by the free consent of parties competent to contractd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the definition of a contract as per the Indian Contract Act, 1872?a)An agreement enforceable by lawb)A promise enforceable at lawc)An agreement made by the free consent of parties competent to contractd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the definition of a contract as per the Indian Contract Act, 1872?a)An agreement enforceable by lawb)A promise enforceable at lawc)An agreement made by the free consent of parties competent to contractd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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