Which section of the Indian Contract Act, 1872 defines the word ‘reciprocal promise’?
Section 2(f) defines reciprocal promises as promises that form the consideration, or part of the consideration, for each other. For example, a seller’s promise to deliver…
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Which section of the Indian Contract Act, 1872 defines the word ‘reciprocal promise’?
Answer and explanation
Correct answer B
Section 2(f) defines reciprocal promises as promises that form the consideration, or part of the consideration, for each other. For example, a seller’s promise to deliver goods and a buyer’s promise to pay can be reciprocal promises. Section 2(e) defines an agreement more generally.
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