not having losses is also consideration like if offeree do the act or abstinence to prevent from losses this not bearing losses is consideration in indian contract act
This discussion explores the concept of 'avoiding loss' as valid consideration within the Indian Contract Act. It clarifies that if an offeree takes action or refrains from acting specifically to prevent losses, this forbearance can be legally recognised as consideration. The aim is to elaborate on this principle with a relevant case example to illustrate its practical application.
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup