Question

Which is correct?

• A. Proposal + Acceptance = Promise
• B. Promise + Consideration = Agreement
• C. Agreement + Enforceability = Contract
• D. All of the above

Hint:

Remember the sequence: Proposal → Promise → Agreement → Contract.

Answer 1

The Correct Option is D

Step 1: Contract formation basics.
According to the Indian Contract Act:
- Proposal and its acceptance create a promise.
- A promise with consideration becomes an agreement.
- An agreement enforceable by law is a contract.
Step 2: Application to options.
All the options correctly reflect the legal formulae leading to the formation of a contract.
Step 3: Conclusion.
Therefore, option (d) is correct.