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5. Contracted with B to beat its competitor. This is an example for parties to reach the age of majority, i.e. 18 years. An agreement with a minor is deemed void (Mohri Bibi/Dharmodas Ghose, 1903) According to Salmond, a contract is an agreement that creates and defines an obligation between two or more persons by which rights are acquired by one or more acts or leniency on the part of others.” 22. Review in a contract: a) Maybe past, present or future (b) May only be present or future (c) Only d) d) can only be the future. 2- The intention to create a legal relationship: there must be a clear intention between the parties that the agreement be bound by legal consequences and that it creates a legal obligation. This means that agreements that are not applicable by law. B, for example, social or national agreements between spouses or friends that cannot be applied in court, would not constitute a contract.

A legal relationship is implicit if the absence of an act mentioned in the treaty would have legal consequences. Mere knowledge of the contract is not a presumption, it must be expressed as it was in the case of Lalman Shukla/Gauri Dutt. 28. “Consensus – ad – ditto” means ……… (a) General Consensus (b) Meeting minds on the same thing in the same direction (c) Reaching an agreement (d) The conclusion of a contract should be excluded from the law to enter into a contract. Treaty enforcement is a major problem in India, as the judicial system can be slow and contested. [4] India ranks 163rd out of 191 countries surveyed by the World Bank on the simple application of a treaty. [5] 2. Unacceptable influence (section 16): “If a person capable of mastering the will of another enters into a contract with him and the transaction appears at first sight or on the evidence to be unacceptable, the burden of proof that such a contract was not caused by inappropriate influence rests with the person capable of mastering the will of the other.” 25. The term “private” means (a) A contract is only a contract between the parties (b) A contract is a private document (c) Only private documents can be signed (d) Contacts can be expressed in a normal and reasonable manner. So there has to be an agreement that should be legally applicable.

5. Factual error (section 20): “If both parties to an agreement have an error as to a fact essential to the agreement, the agreement is not concluded.”

Posted on April 8th, 2021 | filed under Uncategorized |

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