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An agreement without consideration is void - This is a fundamental principle of contract law. Consideration is essential for a contract to be valid, and an agreement without consideration is considered to be a gift, which is not legally enforceable. Consideration should have some value in the eyes of law - Consideration must have some value, although it need not be adequate. For example, a promise to pay Rs.1,000 in exchange for a car worth Rs.50,000 would still be valid consideration, even though the consideration is not adequate. Consideration must be adequate - This statement is incorrect. Consideration need not be adequate, but it must have some value in the eyes of law. Invitation cannot be proved in a court of law - This statement is incorrect. An invitation to make an offer (also known as an invitation to treat) is an essential element of a contract. It is not an offer, but it is a preliminary step towards making an offer. An invitation to treat can be proved in a court of law.
Who is sitting third to the left of Iti?
Which of the following statement is true?
If O sits third to the right of F then how many persons are sitting between O and J?
What is the position of K with respect to P?
If positions of Q and M are interchanged, what will be the position of Q with respect to R?
Which of the following statement is true?
What is the specialisation of Harish?
Which of the following statement is true?
I) V sits second to the left of the one who uses Samsung
II) T sits immediate right of R
III) R uses Asus
Which of the following statement is true regarding R?
The number of persons sits between R and S is the same as between O and _____, when counted from the right of both S and O?