What Are Basic Agreement As Per Qanoon

As per apnaqanoon, basic agreement is a written instrument of understanding, negotiated between an agency or contracting activity and a contractor, that , contains contract clauses applying to future contracts between the parties during its term and , contemplates separate future contracts that will incorporate by reference according to law/qanoon.

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What Are Exception Consideration As Per Qanoon

As per apnaqanoon ,An agreement made without consideration is valid if it is made out of love, nature and affection. such agreements are enforceable when the agreement is written and registered, is made between. the parties standing in near relations with each other and, there must be nature, love and affection. between both parties according…

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No Consideration No Contract As Per Qanoon

As per apnaqanoon ,The principle ā€œno consideration, no contractā€ means that for a contract to be valid and enforceable, there must be an exchange of something of value between the parties involved. This exchange is known as ā€œconsideration.ā€ Consideration is an essential element of a contract, and it can take many forms according to qanoon/law…

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Why Is It Called Consideration Contract Law

As per apnaqanoon, Consideration is a contract law because promise, performance, by a promisor in exchange for their agreement to the party of the contract. Consideration is the main element of a contract. Without consideration no valid contract for parties, and contract cannot be enforceable by law/qanoon.

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Who Can Pay Consideration As per Qanoon

As per apnaqanoon,Consideration may move from the promisee or any other person. consideration may be from the promisee of any other person even a stranger. This means that as long as there is consideration for the promisee, it is immaterial who has furnished according to business qanoon/law.

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