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Exam CWM_LEVEL_1 topic 1 question 22 discussion

Actual exam question from AAFM India's CWM_LEVEL_1
Question #: 22
Topic #: 1
[All CWM_LEVEL_1 Questions]

What is a contract?

  • A. An agreement between two or more parties which creates no obligation to do a particular thing.
  • B. A contract is an agreement between two or more parties that does not establish an enforceable legal relationship.
  • C. Contract consists of reciprocal promise that the law will not enforce.
  • D. A contract is the result of a promise to do a certain thing in exchange for a promise from the other person who is a party to the contract.
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Suggested Answer: C 🗳️
by Ashok_Kumar2020 at Aug. 18, 2023, 12:23 p.m.

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JeevanGeorge
1 year, 5 months ago
Option D is the correct answer.
upvoted 1 times
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SABANARA
2 years, 1 month ago
CONTRACT SHOULD BE ENFORCEABLE BY LAW AND D IS THE CLOSEST CORRECT ANSWER AND IT SHOULD BE CORRECT. C IS NOT AT ALL CORRECT
upvoted 1 times
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El_Matador_EOD
2 years, 2 months ago
Closest answer is "D".
upvoted 1 times
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Ashok_Kumar2020
2 years, 3 months ago
Contract = Agreement + Enforceability by law
upvoted 1 times
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C (25%)
B (20%)
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