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Commerce · Q765

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 765

Q765

Statement I Every contract in an agreement but every agreement is not a contract. Statement II All agreements are contracts, if they are made by the free consent of parties.

A.
Statement I is correct, but Statement II is incorrect
B.
Statement II is correct, but Statement I is incorrect
C.
Both statements are correct
Answer
D.
Both statements are incorrect

Answer: Option C

Solution

Answer: Option C
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