“Mistake in the formation of contracts may be common; mutual or unilateral”. Discuss this statement, and explain briefly the cases where such mistakes may avoid the contract.by Admin Legal Bites 16 Jan 2022 12:59 PM IST
A promissory note was signed by a minor for consideration received by him. On attaining majority, he ratifies that promissory note. Can the creditor enforce it? Explain.by Admin Legal Bites 16 Jan 2022 12:58 PM IST
The law may refuse to give effect to a contract on the ground of illegality; this is a limitation upon freedom of contract”. Comment.by Admin Legal Bites 16 Jan 2022 12:57 PM IST
Mistake of fact | In a case, while the defendant intended to sell the land in terms of Kanals, the plaintiff intended to purchase in Bighas. The area of the land was as essential to the agreement as to the price…. Is the mistake with which the parties were suffering related to a matter essential to the agreement?by Admin Legal Bites 16 Jan 2022 12:56 PM IST
Explain what is a wagering contract? Is a suit maintainable to enforce an agreement by way of wager? Distinguish between wagering contracts from a teji-mandi transaction.by Admin Legal Bites 16 Jan 2022 12:51 PM IST
Wagering agreement | Tony borrowed a sum of Rs. 5000/- from John in order to bet with Mahesh as to the result of a cricket match. Tony lost the bet to Mahesh… Mahesh and John initiated legal remedies against Tony separately for recovery of Rs. 5000/-. Decide.by Admin Legal Bites 16 Jan 2022 12:50 PM IST
Agreement in restraint of trade | In a case, the landlord is the owner of the shop running a Sophisticated Cosmetic Hair Dressing Saloon in Delhi. He gives on rent and said shop with the said business…. Is this agreement of lease hit by Section 27 of the Indian Contract Act? Decide.by Admin Legal Bites 16 Jan 2022 12:45 PM IST
Minor's contract | 'A', a minor having a well-built body and quite tall falsely represented his age and obtained a loan of Rs. 10,000 and spent the loan amount on his luxuries. The moneylender filed a suit… Can 'A' be held liable either on the contract or in torts? Discuss.by Admin Legal Bites 16 Jan 2022 12:42 PM IST
Consideration and lawful objects | 'A' institutes a prosecution against 'B' for theft of valuable articles but he subsequently agrees to drop down the prosecution…Has 'A' any remedy against 'B'?by Admin Legal Bites 16 Jan 2022 12:40 PM IST
‘A’ promises to pay a monthly allowance to a woman kept as a mistress. Whether such consideration is lawful?by Admin Legal Bites 16 Jan 2022 12:39 PM IST
Explain Free Consent according to the Indian Contract Act.by Admin Legal Bites 16 Jan 2022 12:38 PM IST
Consideration | 'A' engaged a Vakil to conduct his case for specified fees. Subsequently, A promised to pay an additional remuneration if the case was to succeed. The case succeeds… What according to you will be the result of this suit?by Admin Legal Bites 16 Jan 2022 12:35 PM IST
