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An agreement enforceable by law is : 
  • a)
    Obligation
  • b)
    Promise 
  • c)
    Proposal 
  • d)
    Contract 
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
An agreement enforceable by law is :a)Obligationb)Promisec)Proposald)C...
A contract is basically an agreement which is enforceable by law; which create obligations and is legally binding between the parties. So in short, we can say a “contract” is an agreement enforceable by law. An “agreement” is a promise and a “promise” is an accepted proposal/offer or contract.
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An agreement enforceable by law is :a)Obligationb)Promisec)Proposald)ContractCorrect answer is option 'D'. Can you explain this answer?
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An agreement enforceable by law is :a)Obligationb)Promisec)Proposald)ContractCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about An agreement enforceable by law is :a)Obligationb)Promisec)Proposald)ContractCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An agreement enforceable by law is :a)Obligationb)Promisec)Proposald)ContractCorrect answer is option 'D'. Can you explain this answer?.
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