Consideration contemplated under Indian law is,

Related MCQs

• Consider the following statements: 1. There is no difference between the English law and Indian law with regard to acceptance through post. 2. Both under the English law and the Indian law a contract is concluded when the letter of acceptance is posted 3. Under the Indian law when the letter of acceptance is posted it is complete only as against the proposer. 4. It is complete only as against the proposer. Which of the above statements is/are correct?
• In Indian Law consideration must have been done at the desire of the promisor, if it is done at the instance of a third party or without the desire of the promisor, it is
• 'Consideration is the price for which the promise of the other is bought, and the promise thus given for the value is enforceable.' This definition of consideration is
• Consider the following statements: Consideration is 1. A motive for any promise 2. A price for any promise 3. Only a moral obligation 4. Something of value in the eye of law Of these statements
• Which section of Indian Contract Act defines consideration?
• Which section of Indian Contract Act declares that an agreement made without consideration is void?
• An agreement without consideration is void under
• Liability of a person getting benefit under mistake has been described in the Indian Contract Act under:
• Under the Indian Contract Act some persons have the duty similar to that of a bailee but under which of the following sections:
• The Indian Contract law is based on