B Com Exam > B Com Notes > Business Law > PPT - free consent
PPT - free consent | Business Law - B Com PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1 Free Consent Chapter 5 Page 2 Free Consent Chapter 5 FREE CONSENT A contract without free consent is voidable contract. Page 3 Free Consent Chapter 5 FREE CONSENT A contract without free consent is voidable contract. Flaw in consent Coercion (sec15) Undue influence (sec 16) Misrepresentation (sec 17,18) Mistake (sec 20,21) Faudulent or wilful (sec 17) Innocent or Unintentional (sec 18) Mistake of fact (sec 20) Mistake of law (sec 21) Page 4 Free Consent Chapter 5 FREE CONSENT A contract without free consent is voidable contract. Flaw in consent Coercion (sec15) Undue influence (sec 16) Misrepresentation (sec 17,18) Mistake (sec 20,21) Faudulent or wilful (sec 17) Innocent or Unintentional (sec 18) Mistake of fact (sec 20) Mistake of law (sec 21) Bala Debi vs Majumdar,A.I.R (1956) Cal 575 ? An illiterate women executed a deed of gift in favour of her nephew under the impression that she was executing a deed authorizing her nephew to manage her lands. The evidence showed that the woman never intended to execute such a deed of gift, nor was the deed ever read or explained to her. ? Held the deed was void and inoperative. Page 5 Free Consent Chapter 5 FREE CONSENT A contract without free consent is voidable contract. Flaw in consent Coercion (sec15) Undue influence (sec 16) Misrepresentation (sec 17,18) Mistake (sec 20,21) Faudulent or wilful (sec 17) Innocent or Unintentional (sec 18) Mistake of fact (sec 20) Mistake of law (sec 21) Bala Debi vs Majumdar,A.I.R (1956) Cal 575 ? An illiterate women executed a deed of gift in favour of her nephew under the impression that she was executing a deed authorizing her nephew to manage her lands. The evidence showed that the woman never intended to execute such a deed of gift, nor was the deed ever read or explained to her. ? Held the deed was void and inoperative. MEANING OF CONSENT ? According to Section 13 two or more persons are said to consent when they agree upon the same thing in the same sense. ? This means that there should be perfect identity of mind (consensus ad idem) regarding the subject matter of the contract.Read More
|
33 videos|59 docs|18 tests
|
FAQs on PPT - free consent - Business Law - B Com
| 1. What is free consent in B Com? |  |
Ans. Free consent in B Com refers to the voluntary agreement of parties involved in a contract, without any influence, coercion, or misrepresentation. It ensures that both parties enter into the contract willingly and fully understand the terms and conditions.
| 2. Why is free consent important in business contracts? | |
Ans. Free consent is crucial in business contracts as it ensures fairness, honesty, and ethical conduct between parties. It protects individuals from being forced or manipulated into agreements that they do not fully understand or agree with. It also safeguards against fraudulent practices and helps maintain trust and confidence in business transactions.
| 3. What are the types of consent that can invalidate a contract in B Com? | |
Ans. In B Com, consent can be invalidated if it is obtained through coercion, undue influence, misrepresentation, fraud, or mistake. Coercion refers to the use of force or threats to make someone enter into a contract. Undue influence occurs when one party takes advantage of their position of power to manipulate the other party. Misrepresentation involves providing false information to deceive the other party. Fraud is a deliberate act of deceit, while mistake refers to a misunderstanding or erroneous belief about a material fact.
| 4. How can one ensure free consent in business contracts? | |
Ans. To ensure free consent in business contracts, parties should engage in fair and transparent negotiations. They should clearly communicate their intentions, rights, and obligations. All terms and conditions should be clearly written and explained, leaving no room for confusion or misunderstanding. Parties should refrain from using any form of coercion, manipulation, or deceit. Seeking legal advice or assistance can also help ensure that the contract is fair and legally binding.
| 5. What remedies are available if free consent is not obtained in a business contract? | |
Ans. If free consent is not obtained in a business contract, the affected party may have several remedies available. They can choose to rescind or cancel the contract, seeking restitution for any losses suffered. They may also seek damages or compensation for any harm caused by the lack of free consent. It is advisable to consult with a legal professional to understand the specific remedies available based on the circumstances of the contract.
Related Exams
About this Document
|
4.93/5 Rating |
|
Nov 22, 2024 Last updated |
Document Description: PPT - free consent for B Com 2024 is part of Business Law preparation.
The notes and questions for PPT - free consent have been prepared according to the B Com exam syllabus. Information about PPT - free consent covers topics
like and PPT - free consent Example, for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for PPT - free consent.
Introduction of PPT - free consent in English is available as part of our Business Law
for B Com & PPT - free consent in Hindi for Business Law course.
Download more important topics related with notes, lectures and mock test series for B Com
Exam by signing up for free. B Com: PPT - free consent | Business Law - B Com
Description
Full syllabus notes, lecture & questions for PPT - free consent | Business Law - B Com - B Com | Plus excerises question with solution to help you revise complete syllabus for Business Law | Best notes, free PDF download
Information about PPT - free consent
In this doc you can find the meaning of PPT - free consent defined & explained in the simplest way possible. Besides explaining types of
PPT - free consent theory, EduRev gives you an ample number of questions to practice PPT - free consent tests, examples and also practice B Com
tests
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Semester Notes
,Viva Questions
,Exam
,Previous Year Questions with Solutions
,mock tests for examination
,practice quizzes
,past year papers
,PPT - free consent | Business Law - B Com
,Important questions
,PPT - free consent | Business Law - B Com
,study material
,video lectures
,Free
,PPT - free consent | Business Law - B Com
,Objective type Questions
,MCQs
,ppt
,Extra Questions
,Summary
,Sample Paper
,shortcuts and tricks
;
Additional Information about PPT - free consent for B Com Preparation
PPT - free consent Free PDF Download
The PPT - free consent is an invaluable resource that delves deep into the core of the B Com exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the PPT - free consent now and kickstart your journey towards success in the B Com exam.
Importance of PPT - free consent
The importance of PPT - free consent cannot be overstated, especially for B Com aspirants.
This document holds the key to success in the B Com exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
PPT - free consent Notes
PPT - free consent Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to PPT - free consent.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, PPT - free consent Notes on EduRev are your ultimate resource for success.
PPT - free consent B Com Questions
The "PPT - free consent B Com Questions" guide is a valuable resource for all aspiring students preparing for the
B Com exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study PPT - free consent on the App
Students of B Com can study PPT - free consent alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the PPT - free consent,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of PPT - free consent is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup