Lawful consideration - PowerPoint PPT Presentation

LEGAL SYSTEM IN BUSINESS

DR.S.SELVARASU

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Lawful Consideration and Object

Lawful Consideration and Object. Consideration In the words of PULLOCK, “Consideration is the price for which the promise of the other is bought.

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1.63k views • 13 slides

BUSINESS &amp; INDUSTRIAL LAW

BUSINESS &amp; INDUSTRIAL LAW. B.COM-II. Facilitator: ASIF VAID. ESSENTIALS OF A VALID CONTRACT. 2. LEGAL OBJECT. 1. OFFER &amp; ACCEPTANCE. Accepted. Accepted. Gave Offered his Bike for Rs.30,000. Offered Drugs worth Rs.50,000. Mr. A. Mr. B. Mr. A. Mr. B. SAIMS. Offeror. Offeree.

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77 views • 6 slides

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Lawful consideration - PowerPoint PPT Presentation

LEGAL SYSTEM IN BUSINESS

Lawful Consideration and Object

BUSINESS &amp;amp; INDUSTRIAL LAW

BUSINESS & INDUSTRIAL LAW