Interested to Buy Any Domain ? << Click Here >> for more details...
"No consideration,No contract" Explain with exception.
- 7 Answers
- 113945 Views
- I also Faced
- E-Mail Answers
Answer Posted / natasha
A promise without consideration cannot create a legal obligation. The general rule is that an agreement made without consideration is void. This rule is contained in Section 25 of the Indian Contract Act, which declares that ‘an agreement made without consideration is void’. This means that consideration is a must in all the cases. But this Section provides certain exceptions where an agreement is valid even without consideration. These cases are :
For answer in detail please visit to follow link : https://www.owlgen.com/question/no-consideration-no-contract-explain-this-rule-with-exceptions
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is the full meaning & use of assessment?
who is the law secretary?
What do you mean by Prelimnery Expenses ? How do you Account for? Can it be Written Off? How?
This position requires travel, sometimes frequent, sometimes infrequent, to Independence to cover the civil docket there. Are you willing to travel?
management audit is ordered by 1 worker of co 2 gov 3 bords of director 4 securities and exchange board of india
you did any employment tribunals?
HOW WE CAN RUN THE CLASS BY COMUNICATION MATHOD?
What is your view on the "sufficient benefit" test in legally aided work?
Which other firms have you applied to job?
Dear Friends, May i please know the full form of Form FC-TRS, which is filed in the case of transfer of shares from resident to non- resident and vice versa.
Whether the word LTD should be suffixed to the name of a Private Bank? Please quote the Section and the relevant ACT.
In France, if a person sees somebody drowning, they have a legal obligation to help them. Should this be the case in the UK?
model paper for law assistant
We will be receive Form-F from Our Delhi Unit but he tell us that FORM -F issue quarterly . But our Noida Sales Tax Deptt. required Monthly For the F.Y.2006-07 & 2007-08
what is record date for the government bonds can it less than one month
