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Start learning 50% faster. Sign in nowThe important element for converting an agreement into a contract is the presence of Consideration, however, it is not essential that the consideration should be adequate. Therefore, consideration may or may not be adequate but it should be of some value in the eyes of the law. Also, an agreement to which the consent of the promisor is freely given is not void merely on the basis that the consideration is inadequate; but the inadequacy of the consideration may be taken into account by the Court in determining the question whether the consent of the promisor was freely given or not.
Which new scheme is introduced for tribal majority areas and aspirational districts?
What percentage of India’s food grains are exported?
Which initiative is part of the Indian government’s efforts to digitize agriculture?
What is the budgetary allocation for the Pradhan Mantri Kisan samman nidhifor the finnancial year 2024-25?
What was the budget allocation for agriculture and allied sectors this year?
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What is the MSP increase approved for wheat for the 2025-26 marketing season?
What was the average annual growth rate of the Indian agriculture sector from 2018 to 2023?
How many houses will be built under the PM Awas Yojana according to the budget?
Share of Agri & Allied sector in Total GVA (2020-21) at Current Prices is