- 1 Marks
Question
9. A voluntary agreement between two or more persons, which confers legally enforceable rights, duties, and liabilities on the parties is called a/an
A. Contract
B. Offer
C. Guarantee
D. Warranty
E. Condition
Answer
A
Explanation:
A contract is a legally binding agreement that establishes rights, duties, and obligations enforceable by law, distinguishing it from offers, guarantees, warranties, or conditions.
- Tags: Contract, Legal Agreement, Offer and Acceptance, Rights and Duties
- Level: Level 1
- Topic: Law of Contract
- Series: NOV 2020
- Uploader: Dotse