Above definition is attributed to
Blackstone's Definition of Consideration
In contract law, consideration is a fundamental element required for a valid contract. It represents the value exchanged between the parties.
The question provides a specific definition: "Consideration is the recompense given by the party contracting to the other".
This definition is widely attributed to the influential English jurist William Blackstone. His commentaries on the law established foundational principles for common law jurisdictions.
Therefore, the definition provided is attributed to Blackstone.
Important Questions from Law Relating To Contracts
A contract is said to be discharged by rescission:
A. When terms of a contract are altered
B. When a party makes novation of a contract
C. When an aggrieved party exercises his option to avoid the contract
D. When a party to a contract waives his rights under the contract
E. Where none of the parties has performed its part for a long time and no other party has objected against it
Choose the correct answer from the options given below:
Which of the following statements are TRUE in a contractual capacity?
A. Law presumes that every person is competent to contract unless otherwise proved
B. That a minor can make a contract for necessities of life
C. That a person of unsound mind can enter into the family contracts
D. A convict cannot enter into a valid contract nor can sue
E. That a wife can always make valid business contracts and bind her husband
Choose the correct answer from the options given below:
- Under the Equal Remuneration Act, 1976, which of the following is prohibited ?
- What does psychological emotional abuse include ?
(a) Failure to provide adequate food or clothing.
(b) Provide basic education.
(c) Striking a child
(d) Engaging in a Sexual act or shaming a child.
Choose the correct answer from the options : - What is the purpose of 'The One Stop Centers mentioned in the context of gender-based violence ?
