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Section 2(h) of the Indian Contract Act, 1872 defines a contract as:
AAn agreement enforceable by law
BEvery promise that benefits both parties
CAn offer accepted by writing only
DA social promise between two parties
Answer & Solution
Correct answer: A. An agreement enforceable by law
1. Sec 2(h) of the ICA 1872 defines a contract.
2. Per the OCR text: "An agreement enforceable by law is a contract."
3. Enforceability + agreement together create a contract.
_Source: ICMAI BoS CMA Foundation Paper 1 (FBLC) — Paper1_07042026.pdf, Module 2 §2 (page 50)_
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