Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sanjit Keskar   18 March 2020

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?

 



Learning

 4 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     18 March 2020

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

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     18 March 2020

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.

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     19 March 2020

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.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register