Question No 41:
Which of the following statements is correct?
i. If an agreement is stated to be “binding in honour only”, the parties have decided that the agreement should not have contractual force.
ii. If an agreement is not in writing, the parties are presumed to have intended that it should not be legally enforceable.
A. i only.
B. ii only.
C. Neither i nor ii.
D. Both i and ii.
Answer: A
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