Multiple choice

Which of the following is a valid contract?

  1. A promises to dine at B's house.

  2. A agrees to provide loan to B.

  3. A promises to sell his car to B at reasonable price.

  4. A and B agree to make agreement in future.

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

The domestic agreements are legally not binding. The contract, the meaning of which is not certain, is not valid. Even to agree for the future is not a contract.