(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