Interested to Buy Any Domain ? << Click Here >> for more details...
"No consideration,No contract" Explain with exception.
- 7 Answers
- 114182 Views
- I also Faced
- E-Mail Answers
Answer Posted / anil trapasiya
Section 25 declares that `an agreement made without
consideration is void'. It means that consideration is a
must in all cases. Exceptions to the rule are: •
written and registered agreement out of natural
love and affection between the parties; • promise to
compensate a person who has voluntarily done something for
the promisor;• promise to pay time-barred debt;•
completed gift; • creation of agency
| Is This Answer Correct ? | 53 Yes | 16 No |
Post New Answer View All Answers
What is the diffeence between interviewing a client witness and a nonclient witness
Is it fair to impose a height restriction on those wanting to become fire fighters?
Hello this topic is on: Trademark(passing) 1) What is the sigificance of deception in misrepresentation under passing off? 2) What is the concept of 'moron in a hurry'? 3) What does damage to goodwill means? Thanks:)
Why you want to work with the Prosecutor's Office?
WHEN WRE RECEIVING A MATERIAL FROM A THIRD PARTY(A) WHO IS NOT OUR VENDOR(B) AND OUR VENDOR(B) IS PURCHASING FROM HIM (A),BUT WE ARE GETTING THE MATERIAL DIRECTLY FROM THE THIRD PARTY(A).THEN WHAT IS THE CRITERIA TO ISSUE THE WAYBILL AND TO WHOME WE WILL ISSUE THE WAYBILL
WHAT IS THE PROCEDURE TO EXPORT STEEL SCRAPS FROM INDIA & THE CUSTOMS DUTY FOR THAT?
Which other firms have you applied to job?
best and fastest way to go to the european courts of human rights for liability of sections 1, 5, 6, 7,8,9,10,14
In the Companies Act, 1956 there is no ward as ‘Wholly Owned Subsidiary’ (WOS), WOS means a company of which entire equity share capital is held by other Company. For example A company holds entire equity shares of B Company in this case B Company is WOS of A Company. Question: Now the Question is X company has paid up equity share capital of Rs.50000 (5000 shares each of Rs.10).Out of which Y company holds 4990 shares in its own name and remaining 10 shares Y Company holds in its name in 10 different folios (one share in each folio) along with 10 different individuals in the style first name is of Y limited and second (joint name) of individuals like A,B , C…… to J.In such case will X limited be deemed to be a WOS of Y Company ? If yes then how? After this question one more question will come up related to this question
whose contract effected by mistakes ?
How do you think the House of Lords should be reformed?
What is a Queen's Counsel and how does one become one?
can a receipt issued by the seller signed by the purchaser amounts to conclusive proof of completion of transaction?
If a baby in shopping centre was strapped with a bomb, would you shoot the baby to save 1 person? 100 people?
Domain server purchase TDS provision u/s 195 of income tax act, 1961
