Legislative Dictionary - C
Judicial Dictionary
Legislative Dictionary
Consideration
| Category | C |
|---|---|
| Title | Consideration |
| Details | When, at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing, or promises to do or to abstain from doing, something, such act or abstinence or promise is called a consideration for the promise. [See section 2 (d), the Contract Act, 1872 (Act No. IX of 1872)]. |
| Created On | June 1, 2011, 2:02 PM |
| Hits | 347 |