Which one of the following is correct?
A. All agreements are contracts once they have been made between the parties for a consideration
B. All agreements are contracts once they have been made between the parties with their free consent
C. All agreements are contracts once they have been made between the competent parties
D. All agreements are contracts if they are made by the free consent of parties competent to contract for lawful consideration and lawful object and not expressly declared by law to be void
Answer: Option D
This Question Belongs to Law >> Indian Contract Act
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