Q113
The two main competing definitions of contract in the common law are:
A.
"Contract is a promise or set of promises which the law will enforce" and "Contract is an agreement giving rise to obligations which are enforced or recognized by law"
AnswerB.
"Contract is a civil obligation" and "Contract is a transaction supported by legal intention"
C.
"Contract is a negotiation enforceable by law" and "Contract is a bundle of voluntary rights"
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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