Under section 10 of the Indian Contract Act, 1872, which of these are required for an agreement to be a…
Section 10 requires free consent of competent parties, a lawful consideration and object, and an agreement that the Act does not expressly declare void. The section…
Choose your answer
Under section 10 of the Indian Contract Act, 1872, which of these are required for an agreement to be a contract?
Answer and explanation
Correct answer D
Section 10 requires free consent of competent parties, a lawful consideration and object, and an agreement that the Act does not expressly declare void. The section preserves applicable legal requirements for writing, witnesses or registration.
Option feedback
Option A
Free consent of competent parties is a requirement. The other statutory conditions must also be satisfied.
Option B
The consideration and object must be lawful. The other statutory conditions must also be satisfied.
Option C
The Act must not expressly declare the agreement void. The other statutory conditions must also be satisfied.
Option D
Section 10 requires free consent of competent parties, lawful consideration and object, and an agreement the Act does not expressly declare void.
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