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Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Passage - 2The law of contract lays down the legal rules relating to promises: their formation, their performance, and their enforceability. Explaining the object of contract, Sir William Anson observes: “The law of contract is intended to ensure that what a man has led to expect shall come to pass; that what has been promised to him shall be performed.”The law relating to contract defines it as ‘An agreement which is enforceable by law is a Contract’. An agreement is a promise and a promise is an accepted proposal. Thus every agreement is made up of a proposal or offer from one side and its acceptance by the other. There must be a lawful offer and acceptance for the formation of an agreement. The adjective ‘lawful’ implies that the offer and acceptance must satisfy the requirements of the contract act in relation thereto.Another important essential of a contract is Intention to create a legal relationship. There must be a clear intention among the parties that the agreement should be attached by legal consequences and create a legal obligation. Lawful Consideration and competent parties are other important essential ingredients of contract.Free consent is one of the most important essential ingredients of a contract. Section 14 of the Act defined the term free consent as follows- “consent is said to be free when it is not caused by coercion, undue influence, fraud, misrepresentation or mistake.Contracts play a very important role in the day-to-day life of every person. Contracts or agreements between various parties are framed and validate by the Contract Act. So for the formation of a contract, the above-given conditions must be fulfilled by the parties.Q.A contract made by a person so intoxicated as not to know the consequences of his act is not binding on him if his condition is known to the other party. Jai and Veeru decide to go to a pub to celebrate Jai’s marriage to Basanti. At the bar, both of them drink a lot and Jai gets drunk. While they were on their way back home, Jai agrees to sell his Bike to Veeru for Rs. 5,000. Next day morning, when Jai wakes up, he does not remember anything. However, when Veeru comes in the evening to take the Bike, Jai does not say anything and gives the Bike to Veeru for Rs. 5,000. Sometime later, he files a case on the ground that he was intoxicated at the time of contract.a)Jai will not succeed because he had ratified the contract himself.b)Jai will succeed because he was intoxicated at the relevant time.c)Jai will not succeed because he had voluntarily got intoxicated.d)Jai will succeed because he had to sell his Bike at a very low price and hence suffer damages.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.