Discussion
Essentials of valid contract is
Answer: A
The essential of a valid contract named here is the meeting of minds, that is, consensus ad idem: the parties must agree on the same thing in the same sense, as Section 13 of the Contract Act says. A meeting of the parties in person is not necessary, since contracts are made by post or electronic means, and a meeting to discuss consideration or to discuss proposal and acceptance describes a stage of negotiation, not the requirement of agreement itself.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development