Indian Contract Act, 1872 – MCQs

1.An agreement consists of reciprocal promises between at least  (a) four parties.  (b) six parties.  (c) three parties.  (d) two parties. Answer – d 2.  Every promise and every set of promise forming the consideration for each other is a/an  (a) contract.  (b) agreement.  (c) offer.  (d) acceptance. Answer – b 3. Contract is defined as an agreement enforceable by law, vide Section … of…