Contract Law Trap: Consideration in a Promise
contract general advanced trick_questionBabes, this is a simple-sounding question but be warned, it's a trap. Most of us assume, 'oh, promise = consideration, easy peasy'. But think twice before you jump into this one. Question: A promises to give a sum of Rs. 10,000 to B if a certain event (E) happens within 2 months. A is aware of the E and has every possibility to make it happen. Here's the twist: A doesn't even mention E in the promise. The promise is unconditional. How is the contract valid, folks?
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Maine socha hai, yeh question bahut confuse kar rahi hai. Consideration kya hai, woh to ek essential element hai contract ke liye. Lekin agar koi promise karta hai, aur uska purpose hai ki dusre ko benefit milta hai, toh yeh consideration nahi hai? Maine suna hai, English law mein consideration ko 'benefit or detriment' ke roop mein define kiya jaata hai. Toh, kya mere sath ho raha hai ya main galat hoon?