0
It's called past consideration. Look up Roscorla v Thomas. (1842) 3 QB 234
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Will you pass your business law test tomorrow?
nope
What is consideration in business law?
It's called past consideration. Look up Roscorla v Thomas. (1842) 3 QB 234
What are the Basic consideration in putting up a business?
personal consideration,marketing consideration,production consideration and financial consideration..hope it can help
Consideration meaning and difference between English law and Indian law?
Consideration is an essential element of a legally binding contract where each party agrees to give or do something in exchange for something from the other party. In English law, consideration must be present for a contract to be enforceable, whereas in Indian law, a promise can be enforceable even without consideration under certain circumstances, such as promises made to close family members. Additionally, Indian law recognizes past consideration as valid consideration, while English law generally does not.
What is the chief business of the house of representatives?
Make and pass law, bills of revenue also begin in the house.
Where there is no consideration there is no contract-comment?
In business
What experience is needed to become a business law attorney?
A college education is the first requirement for becoming a business law attorney. You will need to get at least a bachelors degree. After this you can enroll in law school, and try to earn your Jurisprudence Doctorate degree. Then you need to pass the bar exam of a state, after which you are allowed to practice law in the state you passed it in.
Which banks specialize in small business loans?
Most small, hometown banks specialize in small business loans. Due to the fact that they are more tied to their community, they are willing to take into consideration businesses that may not pass the criteria needed for bigger banks.
Did Mitt Romney pass the bar?
Mitt Romney entered the business world out of college, though he holds a law degree he never used it as a lawyer. He did pass the bar exam for Michigan in 1975.
What are the type of consideration under tanzania law?
there are only two types which are executory consideration and executed consideration as provided under section 2(1)(d) law of contract act(cap 345 r.e 2002).
Did the 65 percent law pass for inmates in 2010 in Virginia?
did the 65 percent law pass for inmate in 2013 in mississippi
What has the author Robert W Emerson written?
Robert W. Emerson has written: 'Business law' -- subject(s): Business law 'Business law the easy way' -- subject(s): Business law, Commercial law
