23. An agreement without consideration is valid if English law leaves contracts under seal enforceable without consideration. A contract under the seal refers to a written contract “signed, sealed and delivered.” In the words of Anson of English law recognizes only two types of contract, the treaty by The Act is, except seal that is called an act or specialty, and mere conflict. 29. A contract entered into without the free consent of the parties is ……… (a) Valid (b) Illegal (c) Voidable (d) Void ab- initio 17. Which of the following has the right order. (a) offer, acceptance, consideration, offer. (b) offer, acceptance, consideration, contract (c) contract, acceptance, consideration, offer. (d) offer, consideration, acceptance, contract.
The decision of the Bombay High Court in Bhiwav Shivaram, A sued his brother for a part in some countries. But the appeal was dismissed when B solemnly confirmed that the property was not ancestral and that it was agreed in writing by the registry to give Half of the same property. This remedy was born to obtain this quota. The applicant admitted that he and his brother were on bad terms. However, despite the strained relationship, the Tribunal found that this is only a case to which Section 25, paragraph 1, applies. The accused had such a love and natural affection for his brother that to be terminated by him was willing to give him his property, as in accordance with section 25 of the Indian Treaty Act no exceptions similar to the common law, but made some exceptions. An agreement without consideration would be in vain, unless it were 28. “Consensus – ad – ditto” …… (a) General Consensus b) Meeting of minds on the same thing in the same direction (c) Reaching an agreement (d) conclusion of Contract 12.
In accordance with Section 2, Point e), of the Indian Contracts Act, it states: “Any commitment and promise mutually considered is a (a) contract (b) Offer (d) Acceptance Section 185 expressly states that no consideration is required to establish an agency contract. Therefore, when a person is appointed as an agent, his appointment agreement is valid without consideration. An agent receives the commission as compensation, but no consideration is required at the time of the appointment agreement. The inadequacy of the consideration is a fact that the court should take into account when considering whether A`s consent has been issued or not. In the case, Curie v. Misa the term was defined, “A valuable reflection within the meaning of the law may exist either in one right, interest, leniency, prejudice, loss or liability, given, suffered or assumed by the other.” The UCC also allows one party to unload the other party without consideration in the absence of infringement and allows the parties to modify their section 2 contract without consideration. Single Code of Trade, sections 2 to 209 (4) and 2-209 (1). The official comments of the UCC section stated: “However, the amendments made to it must be consistent with the review of good faith imposed by this act. The effective use of bad faith to evade compliance with the original contractual terms is excluded, and blackmail of a “change” without a legitimate business motive is ineffective in violation of the duty of good faith. The Tribunal relied on Dutton/Poole that the deed of donation and the concomitant agreement between the applicant and the defendant can be considered a transaction and that the defendant obtained from her mother an estate that would be sufficient for a section 2 review.