(h) An agreement enforceable by law is a contract;
Thus for the formation of a contract, there must be-
i) An agreement and
ii) The agreement should be enforceable by law.
Agreement= Offer+acceptance
Contract = Agreement+ enforceability
(h) An agreement enforceable by law is a contract;
Thus for the formation of a contract, there must be-
i) An agreement and
ii) The agreement should be enforceable by law.
Agreement= Offer+acceptance
Contract = Agreement+ enforceability