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0. 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?
Statements (I) and (II) both are correct
Both Statements (I) and (II) are incorrect
Statement (I) is incorrect and Statement (II) is correct
Statement (I) is correct but Statement (II) is incorrect
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