According to the Indian Contract Act, 1872, which one of the following ingredients is not necessary for…
A contract need not deal with immovable property: agreements for services or goods can also be contracts. Proposal and acceptance create agreement, while section 10…
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According to the Indian Contract Act, 1872, which one of the following ingredients is not necessary for a contract?
Answer and explanation
Correct answer D
A contract need not deal with immovable property: agreements for services or goods can also be contracts. Proposal and acceptance create agreement, while section 10 ordinarily requires lawful consideration and the other stated conditions, subject to recognized statutory exceptions. The question contrasts those formation requirements with a particular kind of subject matter, which is unnecessary.
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