The two main competing definitions of contract in the common law are:
A. "Contract is a promise or set of promises which the law will enforce" and "Contract is an agreement giving rise to obligations which are enforced or recognized by law"
B. "Contract is a civil obligation" and "Contract is a transaction supported by legal intention"
C. "Contract is a negotiation enforceable by law" and "Contract is a bundle of voluntary rights"
D. None of the above
Answer: Option A
This Question Belongs to Law >> Indian Contract Act
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