Professional Documents
Culture Documents
Q NO 1
Agreement
Agreement is a prerequisite to a contract and is defined as a promise having any
consideration. A Promise is said to form when an offer made by one party is
accepted by the other.
An agreement is formed when offer is accepted and the offeror and the acceptor
get some consideration in return.
The promise made should involve a lawful object, otherwise offer and
acceptance will be invalid and the agreement void/invalid.
Example: Mr. Aslam offers Mr. Ahmed to repair his car for Rs. 1000/- which
Ahmed accepts.
The offer made by one party is accepted by another party which also involves
consideration for both. For Aslam consideration is his fees in monetary terms
and for Ahmed consideration is his repaired car or the peace/satisfaction he gets
out of it.
Void Agreement
Example 1: Akram coerces Amir to agree to sell his expensive car worth 5
million to him for 100000/- rupees only
In the example 1 above, acceptance of Amir was forcibly sought and the
agreement lacked consideration for Amir. Therefore, the agreement did not
involve a valid acceptance and consideration rendering the transaction and the
agreement void.
As for the example 2, the object i.e. killing somebody, is unlawful. Therefore,
the agreement is unlawful and void.
Void Agreements are void ab initio that is they are void since their inception,
due to the absence of the elements of a valid agreement. These cannot be
enforceable at a court of a law and thus they do not form any contract. Thus the
breach of the promise by either of the parties cannot be challenged and damages
cannot be claimed against those void agreements.
Voidable Agreement:
Voidable agreements are valid agreements at the option of one party which can
turn them void. These agreements thus confer the rights of enforceability on one
of the parties, which has authority to turn the agreement void. Agreements with
minors are voidable.
In other example if a son threatens their parents to transfer property in his name
or he will commit suicide and the parents agree to yield. Later on the parents
may take a plea that the threat of suicide was tantamount to coercion and the
agreement that erstwhile seemed valid will be turned void.
Q NO 2
OWNERSHIP
According to the jurisprudence, ownership is the relation between a person and
an object or the thing that he owns or has absolute right over it and this right is
in rem and it can be enforced against the whole world. Ownership is the right
which is enjoyed by the owner himself and he can transfer and alienate that
right towards another person in his life time. According to many people
possession and ownership are same but in law the concept of both terms is
different from each other like, in possession person has physical control over
thing for any particular time period but in ownership a person has absolute right
and as well as has possession of that particular thing.
Austin defines ownership as, a right indefinite in point of a user; there are no
restrictions in disposition of that right and unlimited in point of the time and
duration. Holland also agreed with the definition of the Austin and defined
ownership as absolute right over anything.
But according to Salmond, ownership show the relation between a person and
the right vested in him.
Types of ownership
POSSESSION
TYPES
AUSTIN
According to Austin, he termed jurisprudence as science and was the first jurist
to term jurisprudence as science. He said that ‘jurisprudence is the philosophy
of positive law’. In other words we can say that it is not moral philosophy but is
the scientific study of positive law. Austin divided jurisprudence into two
branches particular and general jurisprudence which was criticized by other
jurists like salmond and Holland.
HOLLAND
Holland defined jurisprudence as the formal science of positive law. It was also
criticized by other jurists.
SALMOND
TYPES OF JURISPRUDENCE