A contract that is enforceable by law is said to be?
Options
AVoid
BVoidable
CValid
DIllegal
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Indian Contract Act, 1872MCQQuestion 5800 of 6
All Questions Correct Answer
✅ Option C — Valid
All Options:
- AVoid
- BVoidable
- CValid ✓
- DIllegal
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Detailed Solution & Explanation
The Indian Contract Act, 1872, defines a contract as an agreement between two or more parties that is enforceable by law. A contract is said to be valid if it has all the essential elements, such as offer, acceptance, consideration, and intent to create a legal relationship. If these elements are present, the contract is said to be valid and is enforceable by law.
This solution has been verified by multiple AI reviewers for accuracy.
More Questions from Indian Contract Act, 1872
Which of the following is a essential element of a valid contract?
What is the term for a contract where one party is at a disadvantage due to the other party's superior position or knowledge?
Explain the legal provisions and implications of the doctrine of 'privity of contract'. Provide examples to illustrate your answer.
Discuss the concept of 'free consent' in the Indian Contract Act, 1872, and analyze its significance in contract formation.
What are the provisions of the Indian Contract Act, 1872, regarding 'misrepresentation' and its effect on a contract? Explain with relevant examples.
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