24. A modification or revocation of the contract requires a of each contracting party, (a) Denial (b) Consensus (c)
Modification (d) Revocation
Answers
Answer:
C
Explanation:
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Answer:
(B) CONSENSUS
A modification or revocation of the contract requires a CONSENSUS of each contracting party.
Explanation:
Whenever we say that an acknowledged proposition/offer making a legitimate relationship or enforceable by regulation is a contract from a conventional perspective, it raises one more point about how an individual will acknowledge an offer/proposal.
The response is whenever he agreed to it or as such there should be consensus ad idem, a gathering of mind of both the parties to the contract. The quintessence of agreement or thus contract is a gathering of the mind of the parties. The parties to an agreement more likely than not settled upon the subject in a similar sense and at the same time. Unless there is a consensus ad idem, there can't be any contract.