Multiple choice

All agreements are contracts

  1. if they are made by the free consent of parties competent to contract

  2. for a lawful consideration and with a lawful object

  3. if not expressly declared to be void

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Section 10 of the Indian Contract Act provides that 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.

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