Valuable Consideration in Contract Law

Valuable Consideration in Law of Contract Consideration: Consideration may be the benefit that every party will get or expects to obtain from your contractual deal — by way of example, Levis wall socket gets your cash; you receive the jeans. In order for consideration...

Who is the Hero of the Grapes of Wrath?

A hero can be described as someone who is strong, generous, unselfish, and determined. Steinbeck does an excellent job of defining a hero in the novel through the character, Ma Joad. Even if she is not a part of the circle, her opinion is always relevant when it comes...

Director’s Duties

Question Recently gautam limited liability convened an annual general meeting in which five directors were elected. The board of directors had several meetings and they decided, interalia, to purchase 150 acres of land by using the company money. The directors...

Commercial Contract or other Agreement

QUESTION What distinguishes a commercial contract from other agreements, be they family arrangements or gentlemen’s agreements? Illustrate your answer with cases. Answer: Agreements: Agreements are not legally enforceable. This consists of an offer and acceptance to...

Rights of Surety under the Indian Contract Act 1872

RIGHTS OF SURETY In my part I am going to deal with what is the right of a surety. In what conditions he can be held liable and in what conditions he can discharge from his duties. Before coming to rights of surety I am again going to give the definition of surety....

An Analysis of the Rule of Law

Rule of law in general terms is about equality before the law where everyone are protected under the same law of the land regardless of your status in society. In narrow context, it does not really matter whether the law upholds the concept of rule of law or not, but...