Consideration in contract


In a two person contract how many considerations are actually there?

If A sells sells his car to B whio agrees to buy it for Rs 1,00,000

I understand that Rs 1 lakh is the onsideration B is agrreing to give A 

BUT is not the car also the consideration that B is getting for his money??

How is the term actually understood ?  Is it a term seen from the acceptor/promisee's point of view only?

 

 
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ha21@rediffmail.com Mumbai : 9820174108

1. Car is a commodity. Don't give the Car. See IF the preson gets any money consideration.

Another one:
2. Do not give any money Consideration, See IF the person gets the Car.

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

 
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Adv P & H High Court Chandigarh

For A-Consideration is money and for B- it is Car against a money of Rs. 1 Lakh

 

So this is only the view/order of thinking otherwise both are agreeing to give and take something.

 
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ha21@rediffmail.com Mumbai : 9820174108

Originally posted by : Dr J C Vashista
Prima facie bad question paper.

 

TRUE.... Bad Question paper, emanating from a sadistic question paper setter, in a third grade law college.

 
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