Practicing Success
Practicing Success
CUET Preparation Today
| Consider the passage given below and answer the question. An agreement not enforceable by law is said to be void. To consummate a contract there must be mutuality as well as a meeting of the minds of parties. Mutuality means equality of rights between the parties. Either party should have equal right to enforce the contract. For instance, where one of the parties to a contract is minor, there is no mutuality. Further, in a contract there is a consensus ad idem which means ‘meeting of minds’. According to Salmond, ‘A contract is an agreement creating and defining obligations between the parties’. |
| Which of the following is NOT correct ? |
Proposal + acceptance =agreement Promise + consideration = contract
Agreement + enforceability =promise All of the above |
| All of the above |
| Proposal + acceptance = promise Promise + consideration = agreement Agreement + enforceability = contract |
