Under Section 10, an agreement becomes a contract only if it satisfies…

Question

Under Section 10, an agreement becomes a contract only if it satisfies which of the following?

Accepted Answer

D. {'text': 'Free consent, competent parties, lawful consideration, lawful object', 'label': 'D'}

1. Section 10 lists the four essentials for an agreement to be a contract.
2. Free consent of parties competent to contract.
3. A lawful consideration and a lawful object.
4. And the agreement must not be expressly declared void under the Act.
_Source: Indian Contract Act, 1872 (indiacode.nic.in), S. 10_

Answer

{'text': 'Written form only, notarised copy and three witnesses attesting', 'label': 'A'}

Answer

{'text': 'Approval by an advocate of both sides in the presence of a notary', 'label': 'B'}

Answer

{'text': 'Compulsory court registration and full payment of stamp duty', 'label': 'C'}