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A promise or set of promises forming consideration to each other is known as -

Under Section 2(e) of the Indian Contract Act, 1872, every promise and every set of promises forming the consideration for each other is an "Agreement". An agreement…

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A promise or set of promises forming consideration to each other is known as -

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Correct answer C

Under Section 2(e) of the Indian Contract Act, 1872, every promise and every set of promises forming the consideration for each other is an "Agreement". An agreement enforceable by law becomes a "Contract" under Section 2(h).

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