Essentials of Valid Consideration | Indian Contract Act 1872| B.Com |BBA| Law| Dr impreet Kaur
Commerce with Dr Impreet
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Essentials of Valid Consideration | Indian Contract Act 1872| B.Com |BBA| Law| Dr impreet Kaur
50 просмотров · 10 дней назад
Commerce with Dr Impreet
117 подписчиков
50 просмотров · 10 дней назад
Learn *Consideration under Section 2(d) of the Indian Contract Act, 1872* with simple explanations, practical examples and important case law by Dr Impreet Kaur.
In this lecture, we explain the Law of Consideration for *B.Com, BBA, MBA and Law students* in an easy, exam-oriented manner.
📚 *Topics Covered in This Video:*
Meaning and definition of consideration
Section 2(d) of the Indian Contract Act, 1872
Consideration as “something in return” (*quid pro quo*)
Can consideration be only money?
Act, abstinence and promise as consideration
Consideration may move from the promisee or any other person
Important case: Chinnaya v. Ramaya
Practical examples for better understanding
Important points for university examinations
⚖️ *Important Case Law:* Chinnaya v. Ramaya — understand why consideration may move from a person other than the promisee under Indian law.
🎯 *Who Should Watch?*
B.Com | BBA | MBA | Law students | Business Law students | University exam preparation
👩🏫 *Dr Impreet Kaur*
Commerce and Law Educator
CREST Institute
If you want to understand Contract Law concepts with simple explanations, practical examples and important case laws, subscribe to the channel for more educational lectures.
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💬 Comment below: *Can consideration be something other than money?*
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