Multiple choice

Which of the following essentials of a contract does not find place in the Indian Contract Act, 1872?

  1. Competency of parties

  2. Real consideration

  3. Intention of contract

  4. Lawful object

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (3) is correct as the intention of contract is not mentioned in contract act. Section 11 is concerned with competency of parties. As per contract act, the consideration should be real, not illusory. The object should be lawful.