alleryStart learning →Section 2(e) of the Act defines an agreement as:
AEvery offer made to one specified person
BPromises forming consideration for each other
CEvery understanding put in a signed deed
DEvery promise enforceable in a court of law
Answer & Solution
Correct answer: B. Promises forming consideration for each other
An agreement is built from promises that are the consideration for one another, and it need not be enforceable.
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