"No consideration,No contract" Explain with exception.
- 7 Answers
- 111854 Views
- I also Faced
- E-Mail Answers
Answer Posted / sabastian tharakan george lion
Exceptions to the rule that “No consideration – No contract”
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 ? | 60 Yes | 16 No |
Post New Answer View All Answers
MY wife & me both rworking in same organisation.i purchased a flat in my name recently.As per income tax act u can choose one house in ur choice for self ccupied purpose & all other house is assumed to be let-out.so my question is that,shall i purchase another new house in my wife name and that house can i take as self occupied of my wife ?Plz suggest me in this regards in briefly.
The Supreme Court has taken over the judicial functions of the House of Lords. What impact do you think this will have?
how many different types of guaranteed exist under indian law?
I m a indian law student. I wnt to go usa vai student visa. What are th chance for me? Which course god for me? How to face usa consulant?
What are the for and against arguments for bicycle helmets?
which constitution is more stable? rigid or flexible.
This position requires your continued communication with custodial parents. How are your communication skills?
Diffrent sportsmen are endorsing diffrent products and they have endorsement agreements for this. Now at what rate the tds should be deducted by the company on the amount of payments msde to sportspersons for endoresements?
IN EXCISE,CAN A SECOND STAGE DEALER PASSON EXCISE LIKE A FIRST STAGE DEALER?
this is question regarding corporate law and regarding "Return of Allotment" in case of shares My question is we have a share cap of 1lakh that we increased to 50lakh so when should I file return of allotment to registrar do I need to file 2 times now because at the time of SC 1 lakh I did to file any return now I want to file return of allotment pls suggest how should I file and relevant enclosures to the return of allotment
who is the chairperson of india?
What is the date issue of WCT Certificate Contractor?
hi ,this is salman from hyd.my brother in law is working as court master in high court hyd.he didnt have atleast common sense.he and his family always wants to complete her demands for silly things.they are making silly things as a big issue.i dont understand what to do? if i lodge any complaint he would know better ipc section to escape because he is working under high court judge.kindly suggest me a good solution to live my sister life happy for ever.my email id is sallumia143@yahoo.com
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 r the consent order's?
