Professional Documents
Culture Documents
Vs.
Respondent: Harsh Krishan
P. Pandit Rao and Ors. vs. K. Damodar Rao and Ors. (08.07.2005 - APHC) :
MANU/AP/0534/2005
CH-2 ACCEPTANCE
1) Meaning
2) Essential elements of acceptance
i) Should be absolute
ii) Should be made in prescribed manner and if not prescribed can be made in a
usual manner
iii) Made in reasonable time
iv) Revoked by offeror before acceptance is made
v) Must be communicated to the offeror
3) Transmission of acceptance (postal , telephone rules)
CH -3 CONSIDERATION
1) A contract without consideration is void (ex nudo pecto non aditor actio)
2) Essentials of consideration
i) It must move on the desire of the promisor.
ii) It may move from promisee or ay other person(privity)
iii) Must be real and not illusionary
iv) Not requires to be adequate
v) May be past, present or future
vi) Must be legal
3) Exceptions to privity ( big topic)
4) Exception to consideration
i) Natural love and affection
ii) Time barred debt
iii) Past voluntary service