Consideration – Knowsia

BCL – L1 – SA – Q7 – Contract Law

Lists requirements for a valid contract.

Question

What is the minimum requirement for the formation of a valid contract?

A A written agreement

B An offer and acceptance with consideration

C Presence of witnesses

D Approval from a government agency

Answer

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Tags: Acceptance, Consideration, Offer, Valid Contract
Level: Level 1

Topic: Contract Law

BCL – L1 – Q17 – Contract Law

List four modifications to the common law doctrine of consideration under the Contracts Act, 1960.

Question

The Contracts Act, 1960, Act 25, has modified the common law doctrine of consideration. List FOUR of the modifications.

Answer

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Tags: Consideration, Contract Law, Contracts Act, Modifications
Level: Level 1

Topic: Contract Law

BCL – L1 – Q15 – Contract Law

Explain if consideration is always required for a contract to be valid.

Question

Explain whether consideration is always a requirement for a contract to be valid?

Answer

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Tags: Consideration, Contract Law, Enforceable Contract
Level: Level 1

Topic: Contract Law

BCL – L1 – Q13 – Contract Law

Explain the concept of contractual obligation and elements of a valid contract.

Question

Explain the concept of a contractual obligation and the elements required for a valid contract.

Answer

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Tags: Acceptance, Capacity, Consideration, Contract Law, Contractual Obligation, Offer, Valid Contract
Level: Level 1

Topic: Contract Law

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BCL – L1 – SA – Q7 – Contract Law

Lists requirements for a valid contract.

BCL – L1 – Q17 – Contract Law

List four modifications to the common law doctrine of consideration under the Contracts Act, 1960.

BCL – L1 – Q15 – Contract Law

Explain if consideration is always required for a contract to be valid.

BCL – L1 – Q13 – Contract Law

Explain the concept of contractual obligation and elements of a valid contract.

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Tag (SQ): Consideration

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BCL – L1 – SA – Q7 – Contract Law

Lists requirements for a valid contract.

You're reporting an error for "BCL – L1 – SA – Q7 – Contract Law"

BCL – L1 – Q17 – Contract Law

List four modifications to the common law doctrine of consideration under the Contracts Act, 1960.

You're reporting an error for "BCL – L1 – Q17 – Contract Law"

BCL – L1 – Q15 – Contract Law

Explain if consideration is always required for a contract to be valid.

You're reporting an error for "BCL – L1 – Q15 – Contract Law"

BCL – L1 – Q13 – Contract Law

Explain the concept of contractual obligation and elements of a valid contract.

You're reporting an error for "BCL – L1 – Q13 – Contract Law"

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