Principle objective of this lecture is to explain on Consideration Agreement Law; in terms of business law. Consideration is defined as a bargained for exchange of legal value. An agreement is not enforceable unless each party to the agreement gets something . This some thing is called consideration. This lecture also briefly focus on rules of consideration, like; desire of the promisor is essential, public duty is not consideration.
More Post
Latest Post
-
Creating Conditions for efficient Solar Energy Collecting and Storage
-
Thulium Iodate – an inorganic compound
-
Cadmium Selenate
-
Two Cancer Treatments can be Administered Simultaneously by Implantable Microparticles
-
Robotic Automation and Artificial Intelligence will accelerate scientific development in Science Labs
-
Cadmium Oxide – an inorganic compound