Although the contract theory is mainly false and misleading, it contains some elements of truth First of all, it emphasizes the fact that the state is a human institution and not a divine creation. More than this, it lays stress on one fundamental political truth that the state rests on the consent of the governed.
It proclaims that will, not force or divine sanction, is the basis of the state. By emphasizing the elements of consent and will, it has ushered in the era of modern democracy.
This is the essence of political obligation of a citizen of the modern state. Viewed in this light, “the social contract theory may not be historically tenable but philosophically it is the only theory possible.”