Stranger to consideration can sue but not stranger to contract.
According to sec 2(d) of Indian contract act,1872. Consideration definition says that "when at the desire of the promisor, promisee or any other person- has done or abstained from doing ,does or abstains from doing, promises to do or abstains from doing something".
According to this definition law only considers that in a contract consideration should be there,and it is immaterial who has supplied consideration. that is ,a stranger can also give consideration. so when promisee does not give consideration and if it is supplied by stranger, than promisee becomes stranger to consideration. so promisee though he does not give consideration he can sue promisor for enforcing the contract i.e enforcing promise given by promisor, because consideration is there and it is supplied by some third party.
According to Privity of contract it says stranger to contract cannot sue: because only parties to the contract can proceed against one another and not a third person.That is a third person cannot file a suit on a party to the contract for enforcement of promise.
Example: Dunlop Pnuematic vs Selfridge co.,case facts once refer.
Ex: suppose if x sells his property to y and in turn y promises x that he would pay off the debt of x which is due to z. In such a case, if y did not pay the debt money to z, then z cannot file suit on y because z is stranger to contract.
So stranger to consideration can sue but not a stranger to contract.
Privity of consideration: In England consideration must move from the promisee. If it is furnished by any other person ,the promisee becomes a stranger to the consideration and,therefore,cannot enforce the promise promisee seeking to enforce an agreement must show that he himself furnished the consideration for the promise give by the other party.The principle is known as the doctrine of privity of consideration.This principle is not applicable in INDIA.Privity of contract : A contract cannot confer any right on one who is not a party to the contract even though the very object of the contract may have been to benefit him.Only a person who is party to a contract can sue on it.This principle is applicable in INDIA.
it is the major consistence to anybody else
An enforceable contract requires the existence of the following elements: an offer, an acceptance that mirrors the terms of the offer, consideration, and lawful subject matter. The "consideration" can consist of money, property, a promise--just about anything of value that is not unlawful. Generally, a court will not inquire into the adequacy of the consideration. "Consideration" might be thought of as the "this for that" or the "quid pro quo". Even of the other elements are present, a contract cannot be enforced if the object of it is unlawful. That is, one cannot, for example, enforce a contract to rob a bank.
Past consideration is deemed no consideration because, in contract law, consideration must be a present or future benefit or detriment exchanged between parties at the time of the agreement. If a benefit has already been conferred or a detriment already incurred before the contract is formed, it cannot serve as valid consideration for a new promise. This principle ensures that both parties are incentivized to enter into the contract with mutual obligations, rather than one party relying on something that has already occurred. Consequently, contracts based on past consideration may lack the necessary legal enforceability.
because its done before the contract is made is not consideration. These fact cannot influence forming of a contract if they were in past tense for example: Al gives emergency care to Bob . Bob promises to pay Al for his services but his promise is not binding because there is no bargain for exchange
An offer first sets out the terms/conditions of a contract. For example, I have offered you a car in exchange for £1,000. An acceptance means that you are willing to be legally bound by this offer and you will pay £1,000 for my car. Simply put, consideration is defined as a value paid for the promise of an act, service, item, etc. Both parties will gain something from the transaction. In the example, the £1,000 would be consideration for my car. However, if I simply said "I will give you my car" and you accepted, I would not be legally bound to give you the car and you could not sue me. This is because you have not given me any consideration in exchange. Without consideration, a contract cannot be formed.
sufficient is used when we suggest a close meeting of a need . adequate may imply barely meeting a requirement . (Webster)
No, a preexisting duty cannot serve as valid consideration in a contract. Consideration requires that each party provide something new or different as part of the agreement. If one party is merely fulfilling an obligation they already have, it does not constitute a new exchange of value. Therefore, additional promises or modifications must include new consideration to be enforceable.
1. Consideration must move at the desire of the promisor-The act or forbearance must be done at the desire or request of the promisor. If it is done without his request or at the request of a third party it will not be a valid consideration. 2. Consideration need not be adequate but must be sufficient-It is not necessary that there must be full return for the promise. There must be something rather than nothing. The law has left the quantum of consideration to be decided by the respective parties. Thus, the law will not object to the inadequacy of consideration.The law will not enforce a promise even if it is without consideration. 3. Past consideration is not consideration 4. Forbearance to sue may be good consideration 5. Performance of existing duties. A person who has not provided consideration cannot sue to enforce a promise.
An offer is a proposal to take some action, or to refrain from taking some action. If accepted according to its terms, and accompanied by something of value (which can be a tangible thing, money, or a correlative promise to do or refrain from doing an act--in all cases called "consideration"), a contract is formed. However, even if accepted and supported by consideration, the offer of an illegal act cannot be the basis of a contract.
"Ex nudo pacto non oritur actio" is a Latin legal principle meaning that a bare or naked promise cannot be enforced without consideration. Consideration is essential in contract law as it refers to something of value exchanged between parties, which legitimizes the agreement and makes it binding. Without consideration, a promise lacks legal enforceability, reinforcing the idea that mutual benefit is crucial for a valid contract. Thus, consideration ensures that both parties have a stake in the agreement, making it more than just a casual promise.
No. However, when you sign a contract the agreement you have is only what is outlined in the body of the contract. It cannot be modified by any oral statements.No. However, when you sign a contract the agreement you have is only what is outlined in the body of the contract. It cannot be modified by any oral statements.No. However, when you sign a contract the agreement you have is only what is outlined in the body of the contract. It cannot be modified by any oral statements.No. However, when you sign a contract the agreement you have is only what is outlined in the body of the contract. It cannot be modified by any oral statements.