UPES Integrated LLB Admissions 2025
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10 Questions around this concept.
Read the passage carefully and answer the question
The Contract should be performed by the promisor himself. However, in certain cases, it can also be performed by his agents or legal representatives. It all depends upon the intention of the parties. Normally a contract can be performed by the following persons.
Section 43 of the Indian Contract Act further provides that unless a contrary intention appears from the contract, each joint promisor may compel every other joint promisor to contribute equally to the performance of the promise. If any joint promisor makes a default in such contribution, the remaining joint promisors must bear the loss arising from such default in equal shares.
Question:
A, B, and C jointly take a loan from D amounting to Rs. 30,000. C is compelled to pay the whole of the amount, A is insolvent but his assets are sufficient to pay one-half of his debts. Now, how much amount is C entitled to recover from A and B. Decide.
In the realm of contract law, a "Promise" is a fundamental building block. It forms the very core of a contract. Understanding promises in contracts is crucial.
Promise in Contract Law:
Types of Promises:
English Case Law Example - Carlill v. Carbolic Smoke Ball Company:
Legal Significance: The case established the concept of unilateral contracts, emphasized the importance of clear and specific terms in advertisements, and highlighted the intention to create legal relations in contract law.
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