JAMB Commerce 2008 Objective — Question 42

Question 42 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2008 Objective paper, with the correct answer and a full explanation.

42. An agreement between two parties which is enforceable by law is a

A. promise
B. warranty
C. contractCorrect
D. condition

Explanation

A contract is an agreement between two parties to carry out a specified responsibility, enforceable under the law.

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