Indian Contract Act, 1872
Quick practice
Question 1 of 5
Which of the following elements is essential for an agreement to be recognized as a legally valid and enforceable contract under Section 10 of the Indian Contract Act, 1872?
A
The mutual intention of both parties to create binding legal relations.
B
The physical presence of two independent witnesses at the time of agreement.
C
The immediate payment of earnest money or an advance deposit.
D
The presence of a written document registered with the local authorities.
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