M

Mr. Dubey • 52.30K Points
Coach 

Q. A voluntary arrangement between two or more parties that is enforceable by law as a binding legal agreement is known as

(A) job
(B) loan
(C) contract
(D) mutual fund
Correct : Option (C)

Explanation: 
 a contract arises when the parties agree that there is an agreement. formation of a contract generally requires an offer, acceptance, consideration, and a mutual intent to be bound. each party to a contract must have capacity to enter the agreement.

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