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Commerce · Q475

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 475

Q475

Find out the correct one:

A.
Writing, registration and legal formalities forms an essential element of a contract
Answer
B.
Registration is compulsory in partnership contract
C.
Registration is not mandatory in case of documents falling within the parview of Sec. 17 of the Registration Act
D.
Possibility of performance clause is not applicable in the essential elements of a contract
E.
Whenever one or more persons promise to one or others to do or not to do something is known as contract

Answer: Option A

Solution

Answer: Option A
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