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Question
"No consideration,No contract" Explain with exception.
Rank Answer Posted By  
 Question Submitted By :: Jayanta Kr. Das
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Answer
Consideration:-
Consideration for a particular promise exists where some 
right, interest, profit or benefit accrues (or will accrue) 
to the promisor as a direct result of some forbearance, 
detriment, loss or responsibility that has been given, 
suffered or undertaken by the promisee. The consideration 
must be executory or executed, but not past. Consideration 
is executoryConsideration can be anything of value (such as 
an item or service), which each party to a legally-binding 
contract must agree to exchange if the contract is to be 
valid. If only one party offers consideration, the 
agreement is not legally a binding contract. In its 
traditional form, consideration is expressed as the 
requirement that in order for parties to be able to enforce 
a promise, they must have given something for it (quid pro 
quo): something must be given or promised in exchange or 
return for the promise.

contract:-
A contract is an exchange of promises between two or more 
parties to do or refrain from doing an act which is 
enforceable in a court of law. It is where an unqualified 
offer meets a qualified acceptance and the parties reach 
Consensus In Idem. The parties must have the necessary 
capacity to contract and the contract must not be either 
trifling, indeterminate, impossible or illegal.



Hence by watching both definitions you can understand that 
contract required benefit for both parties. if there is no 
consideration for one party it means that party is not 
getting any benefit so. If there is no benefit for both 
party it means why they will make contract. And if benefit 
is only for one party then that is no contract because it 
is not full feeling contract first essential of exchange of 
promises, goods, services or something worth full for both 
parties
 
0
Avinash Verma
 
 
Question
hi i have a problem plz help me.
my husband went to USA 4 years back, now he is rejecting now
a days he is not calling me, my parents r in deep
depression,am not getting what action i have to take, now i
want to teach a lesion to him, when he is going to USA he
take fake bank statements and fake experience letters, i
have all the documents with me, as a indian wife i support
in all the directions when he is going to USA, still now am
 waiting for him plz give me some phone numbers and email
id's to give complaint
Rank Answer Posted By  
 Question Submitted By :: Radium2525
I also faced this Question!!   © ALL Interview .com
Answer
first tell us wat exactly u want to do..?? u want divorce 
or u want him to cum back to u ..??
 
0
Husain
 
 
 
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