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Tag: #LegalBasics

Understanding Essentials & Types of Consideration under Indian Contract Act, 1872

Consideration under Indian Contract Act 1872 Consideration in Contract under Indian Contract Act In simple words, Consideration is the mutual benefit that would accrue on performance of the contract. You may also say that Consideration is the price of the Contract, that is exchanged between the parties to the contract. So, you may view Consideration…

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