Discuss what constitute lawful Consideration and lawful objects under

Question

Discuss what constitute lawful Consideration and lawful objects under the Indian Contract Act, 1872 along with the case law: Carlill vs. carbolic Smoke Ball Company.

22 Apr 2024

Answer :

Word Count : 634

Lawful consideration and lawful objects are essential elements of a valid contract under the Indian Contract Act, 1872. Let's delve into each aspect and then explore the landmark case of Carlill v. Carbolic Smoke Ball Company to understand their application in contract law.

Lawful Consideration:

Consideration is something of value exchanged between parties to a contract. For a contract to be valid, consideration must be lawful. According to Section 2(d) of the Indian Contract Act, 1872, "When, at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing, or promises to do _________ ____ ___ __________ _______ ______ _____ _________ ______.
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