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  • IRDA - Life Insurance Agent (Mock - 3)
  • All of the following are elements of a valid contract, ex...
Multiple choice

All of the following are elements of a valid contract, except

  1. offer and acceptance

  2. capacity to pay premiums

  3. consideration

  4. capacity of the parties

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

All the three, except capacity to pay premiums, are the elements of a valid contract. 

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  • Contract Law (1453 questions)
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