Law · Indian Contract Act, 1872
Assertion (A): An agreement without consideration is void under the Indian Contract Act, 1872. Reason (R): Consideration is an essential element for the formation of a valid contract. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both (A) and (R) are true and (R) is the correct explanation of (A).✓
- 2Both (A) and (R) are true but (R) is NOT the correct explanation of (A).
- 3(A) is true but (R) is false.
- 4(A) is false but (R) is true.
Correct answer
Both (A) and (R) are true and (R) is the correct explanation of (A).
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