"EVERY CONTRACT INVOLVES AN AGREEMENT BUT EVERY AGREEMENT
DOES NOT NECESSARILY RESULT IN A CONTRACT" EXPLAIN.
Answers were Sorted based on User's Feedback
Answer / rakesh hp
"EVERY CONTRACT INVOLVES AN AGREEMENT BUT EVERY AGREEMENT
DOES NOT NECESSARILY RESULT IN A CONTRACT"
A contract is an agreement that is enforceable by law. But
an agreement is mutual understanding between two or more
persons which may or may not be enforced by law. The
agreement which is not enforced by law is void.
Green Living @www.freewebs.com/rakesh-hp10/saveenvironment.htm
Is This Answer Correct ? | 12 Yes | 0 No |
Answer / uday
contract = agreement+enforceability by law
agreement= offer + acceptance
agreement is not enforceable by law, where as contract is
enforceable.
agreement is part of contract, but contract is not a part of
agreement.
Is This Answer Correct ? | 4 Yes | 0 No |
What is the main use of SLR? What is Inflation in India?
What is accretion accounting?
Explain debt service coverage ratio.
what are debt instrumenta and which instrument is prefered by a company for debt financing
What is a fairness opinion?
What is the part of Development Officer?
What do you mean by crr & slr rate?
Do you know about winners of various Awards?
What are quick assets? Give me some examples
A man purchase 1 Nokia mobile net price 10000 discount 25% than half of the amount cash & half of the amount check?
What is 'securities transaction tax (stt)'?
What do you know NABARD?