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Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. 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 Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer?.

Solutions for Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. 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 Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Principle 1 – An offer is made when one person signifies to another, his willingness to do or not do something, with a view to obtaining that person‘s assent.Principle 2 – When the person to whom the offer is made signifies his assent thereto, the offer is said to be accepted.Principle 3 - 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 or to abstain from doing something, such act or abstinence or promise is called a consideration for the promise.Principle 4 – An agreement without consideration is not enforceable under law.Principle 5 – Parties to a contract must agree upon the same thing in the same sense.Principle 6 – Parties competent to contract must be major, and of sound mind.Facts – Sonia is a gardener in the mansion of Mr. Kapoor. Mr. Kapoor is extremely fond of his pet dog, Cooper. One day, Kapoor realizes that Cooper is missing from his kennel. He is frantic with worry, and sends Sonia on a quest for the dog. Sonia sets out, pastes notices in public places and enquires about the dog. She has been instructed to return only if she finds the dog. In the meantime, Kapoor announces in the popular newspaper, The Statesman, that Cooperis missing, and that anybody who finds the Labrador and brings him back would be awarded a sum of Rs. 10,000. The next day, Kaza brings a brown Labrador with him and claims the reward. Mr. Kapoor immediately realizes that the dog is not Cooper, and refuses to pay the sum. Kaza asserts that the dog is named Cooper, is a brown Labrador resembling the picture in the newspaper, and since he has accepted the offer by bringing the dog, there is a valid contract formed, and Kapoor is bound to pay the consideration of Rs. 10,000. Three days later, Sonia manages to find Cooper in a nearby park, and brings him back home. Kapoor is overjoyed, and raises Sonia‘s salary from Rs. 12,000 per month to Rs. 20,000. Sonia then discovers the notice in the newspaper, goes to Kapoor, and claims the reward. Kapoor refuses to pay, as he as already given her an increment in salary.Q.Is Sonia liable to claim the reward? Would Kapoor have to pay her the amount?a)Yes, Sonia can claim the reward, as she has impliedly accepted the offer by bringing Cooper back.b)Yes, Sonia can claim the reward and Kapoor must pay her, as a valid contract has been formed. Both Sonia and Kapoor agreed upon the same thing in the same sense.c)No, Sonia cannot claim the reward, as she did not know of the offer in the first place. An offer that she does not know of, hence, cannot be accepted. Hence, there has been no acceptance on her part, and without acceptance, a contract cannot be formed.d)None of the above.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.