WHAT IS AGREEMENT? WHY TO BECOME A CONTACT AN AGREEMENT
MUST BE ENFORCEBLE BY LAW?
Answer Posted / sathya narayanan k
As per Contract Act, an agreement enforceable by law is a
contract. [section 2(h)]. Hence, we have to understand first
what is ‘agreement’?
Every promise and every set of promises, forming the
consideration for each other, is an agreement. [section 2(e)]
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What leads assets to turn into a private equity?
Is there any ethical dilemma that the banks face?
What do you know about Deflation?
Which was the first indian bank to get an iso certification?
Under which act were the state bank of india and its subsidiaries nationalised?
What are mutual funds? Why are mutual funds better than stocks?
Define CASA.
How your goal would coincide with company's goal?
Do you know what negative interest rate policy is? Why does Japan adopt it?
Tell about Foreign Exchange Reserve?
What do you mean by interest coverage ratio?
What is Minimum savings bank interest and who fixes it?
What is Debenture Stock?
Discuss any two points on General Budget and Railway Budget?
What is stale cheque?