Multiple Choice Questions on Every promise and every set of promises forming the consideration for each other ........ for Judicial Services Exam (JS) Preparation

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Multiple Choice Questions

Every promise and every set of promises forming the consideration for each other ........

Indian Contract Act (ICA)1872 Introduction and Definition
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    Every promise and every set of promises, forming the consideration for each other:

    Is a promise

    Incorrect Answer

    Is an agreement

    Correct Answer

    Is called consideration

    Incorrect Answer

    Is called contract

    Incorrect Answer
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    Explanation:

    According to section 2(e) of Indian Contract Act, every promise and every set of promises, forming the consideration for each other is an agreement

    By: Parvesh Mehta
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