"EVERY CONTRACT INVOLVES AN AGREEMENT BUT EVERY AGREEMENT
DOES NOT NECESSARILY RESULT IN A CONTRACT" EXPLAIN.

Answer Posted / uday

contract = agreement+enforceability by law
agreement= offer + acceptance

agreement is not enforceable by law, where as contract is
enforceable.

agreement is part of contract, but contract is not a part of
agreement.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you understand by NEFT? Is it safe?

637


What were the reasons behind demonetization in 2016?

586


What do you know about NBFC and give one point of difference between Banks and NBFC?

634


What are the different departments in RBI?

683


Who is a policyholder?

720






What is white label ATM

621


What is Yield?

600


Explain operating lease.

607


can you judge whether the stock is expensive by looking at its price?

551


What is discount accretion?

625


What is the difference between GDP and GNP?

699


How will you define the role of SEBI?

641


How often do you visit banks?

615


What would you like to do - lead or follow?

653


Tell about CTS?

699