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An agreement between two parties which is enforceable by law is a?

Commerce
JAMB 2008

An agreement between two parties which is enforceable by law is a?

  • A. promise
  • B. warranty
  • C. contract
  • D. condition
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Correct Answer: Option C
Explanation

A contract is a legally binding promise made between at least 2 parties in order to fulfill an obligation in exchange for something of value.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts