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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Choose the Correct Answer. Every promise and every set of promises, forming the consideration for each other, is an ______ - Commerce

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Question

Choose the Correct Answer.

Every promise and every set of promises, forming the consideration for each other, is an ______

Options

  • Agreement

  • Contract

  • Offer

  • Acceptance

MCQ
Fill in the Blanks

Solution

Every promise and every set of promises, forming the consideration for each other, is an Agreement.

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Meaning and Definition of the Indian Contract Act
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Chapter 29: Elements of Contract - Exercises [Page 303]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 29 Elements of Contract
Exercises | Q I. 2. | Page 303
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