Statement I): Agreement without consideration is always valid.Statement II): All contracts are agreements but all agreements are not contracts.In the context of the above two statements, which one of the following codes is correct?

Question

TuteeHUB · Accepted Answer

Statement I is correct and Statement II is incorrect

TuteeHUB · Answer

Statement I and II both are correct

TuteeHUB · Answer

Both Statements I and II are incorrect

TuteeHUB · Answer

Statement I is incorrect and Statement II is correct

1.	Statement I): Agreement without consideration is always valid.Statement II): All contracts are agreements but all agreements are not contracts.In the context of the above two statements, which one of the following codes is correct?
A.	Statement I and II both are correct
B.	Both Statements I and II are incorrect
C.	Statement I is incorrect and Statement II is correct
D.	Statement I is correct and Statement II is incorrect
Answer» D. Statement I is correct and Statement II is incorrect

Statement I): Agreement without consideration is always valid.Statement II): All contracts are agreements but all agreements are not contracts.In the context of the above two statements, which one of the following codes is correct?

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