Friday, January 1, 2016

WHAT CONSTITUTES A VALID CONSIDERATION, SUFFICIENCY OR ADEQUACY?

INTRODUCTION :
        In most contractual agreements,there are certain ingredients which must be present as to make  It evident that no legal system treats all agreements as enforceable contracts. This is to make it certain, precise and binding. Such requirements are solely made by law and  must be complied with. The idea of applying rules in a contractual relationship is based on requirement to guide and identify with the types of agreement  which must be reflected in actualizing a binding contract. The question and needs