Скачать или смотреть Module II- MCQ NLSU- Capacity to Contract & Consideration Essential Elements of Sec10,11, 2(d)

Master the two critical pillars of a valid contract under the Indian Contract Act, 1872: Capacity to Contract and Consideration. This in-depth session covers Sections 10, 11, and 2(d) and is essential for law students, business owners, and anyone dealing with commercial agreements.

What you will learn in this video:

Capacity to Contract (Sec 11): Who is competent to contract (Major, Sound Mind, Not Disqualified by Law) and the legal position of a minor's agreement (Void ab initio).

Unsound Mind: When can a person of unsound mind contract?

The Concept of Consideration (Sec 2(d)): What is quid pro quo (something in return) and its legal definition.

Rules Regarding Consideration: Lawful consideration, past/present/future consideration, stranger to consideration (Privity of Consideration), and the effect of inadequate consideration (not void).

Exceptions to Consideration: Agreements made out of natural love and affection, and necessaries supplied to a minor.

Understanding these two elements is crucial for enforcing any contract.
Who among the following is not competent to contract?

Consideration must move at the desire of the .

A minors agreement is .

Persons of unsound mind can contract when they .

Consideration must be .

Consideration is defined under section .

Inadequacy of consideration makes a contract .

Natural love and affection must be in writing and .
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Stranger to consideration is .

Necessaries supplied to a minor make him .

A contract without consideration is generally .

Consideration must have value.

Capacity to contract is under section .

Agreement with a minor is .

Past consideration is in India.

Consideration must move from .

A minor can be a .

Executed consideration refers to .

Unlawful consideration makes a contract .

The doctrine of consideration is meant to ensure.
Who among the following is not competent to contract?, Consideration must move at the desire of the ., A minors agreement is ., Persons of unsound mind can contract when they ., Consideration must be ., Consideration is defined under section ., Inadequacy of consideration makes a contract ., Natural love and affection must be in writing and ., Stranger to consideration is ., Necessaries supplied to a minor make him ., A contract without consideration is generally ., Consideration must have value., Capacity to contract is under section ., Agreement with a minor is ., Past consideration is in India., Consideration must move from ., A minor can be a ., Executed consideration refers to ., Unlawful consideration makes a contract ., The doctrine of consideration is meant to ensure .