CMA Foundation Essential Elements of a Contract — practice questions
4 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CMA Foundation Essential Elements of a Contract in the app →In the case of Balfour vs Balfour, a husband promised to pay his wife ₹5,000 monthly. The court held the agreeWhich of the following is NOT an essential element of a valid contract per ICA 1872?For a contract under ICA 1872, the terms of agreement must be:A "social agreement" of domestic nature (e.g. father promising son ₹1 Lakh on passing CA exam) is generally: