Indian Polity · Polity
What fundamentally defines a contract under Section 2(h) of the Indian Contract Act, 1872?
- 1An implied legal obligation imposed by a court strictly to prevent unjust enrichment
- 2An agreement that is enforceable by law✓
- 3A mutual understanding that is generally not enforceable in a court of law
- 4An informal arrangement between two parties that lacks a lawful object
Correct answer
An agreement that is enforceable by law
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