WHAT IS AGREEMENT? WHY TO BECOME A CONTACT AN AGREEMENT MUST BE ENFORCEBLE BY

WHAT IS AGREEMENT? WHY TO BECOME A CONTACT AN AGREEMENT
MUST BE ENFORCEBLE BY LAW?

Question Posted / jayanta kr. das

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WHAT IS AGREEMENT? WHY TO BECOME A CONTACT AN AGREEMENT MUST BE ENFORCEBLE BY LAW?..

Answer / sathya narayanan k

As per Contract Act, an agreement enforceable by law is a
contract. [section 2(h)]. Hence, we have to understand first
what is ‘agreement’?
Every promise and every set of promises, forming the
consideration for each other, is an agreement. [section 2(e)]

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