4. In agreements of a purely national nature, the intention of the parties to establish legal relations is reciprocal and independent 2.1: this concept, which is not covered by law, has evolved by jurisprudence 2. It requires the contracting parties to assume certain tasks that are independent of each other, and their performance does not depend on the performance by part of its part of the contract. However, the implementation of these reciprocal and independent commitments is contractually binding. For example, « A, » a public body, enters into a contract with a private contractor « B » in which « B » must build a bridge. If such a contract requires « A » to share the details of its energy projects. B, for example, with « B, » if such information has nothing to do with the construction of the bridge, « B » will not be exempt from the obligation to build the bridge only because « A » did not disclose the relevant information. The two promises that the parties have made to each other are binding, but reciprocal and independent. Indeed, « A » will be required to share the details of energy projects, even if « B » is down in the bridge work. However, if the treaty states that the two above commitments must be honoured in a specified order, the terms of the contract would be respected, whether reciprocal and independent. Preeti, for example, promises to repay its loan grossly. But this loan will be paid with dirty money. While Preeti`s promise to repay the loan is valid, the promise to pay with dirty money is not valid.
31. All illegal agreements are ………… (a) Void- ab-initio (b) Valid c) contingent (d) opposable 25. The term « private » means (a) A contract is only a contract between the parties (b) A contract is a private document (c) Only private documents can be contracts (d) Contacts can be expressed in a usual and reasonable manner. 28. « Consensus – ad – ditto » means ……… (a) General Consensus b) Meeting of minds on the same meaning (c) Conclusion of an agreement (d) Conclusion of a contract The court held in favour of Shanti Builders and found that if the nature of the transaction stipulates that certain promises must first be made before others, that injunction must be respected. They also stated that, with respect to conditional commitments, the first part could not request the performance of the second part without first performing its action. 1.An agreement consists of mutual promises between at least Section 2 of the Indian Contract Act of 1872, which are promises- Contrary to a law, the promises are not tangible. Because of its nature, many doubts can therefore arise.
What happens if the two promises of the parties are interdependent or if the promises can no longer be kept thereafter? In this article, we will discuss these subtleties. Suppose the contract, if A promises to give money to B, if B promises to buy Maggi for A. If A fails, i.e. he b does not pay, then it will be impossible for B to stop his contract page because he cannot buy the Maggi if A does not pay him. Therefore, this type of contract is considered a conditional contract. 30. If an agreement suffers from uncertainty. It`s…………. (a) Non-multinational (b) Empty (c) Unenforceable (d) Illegal.
If the promiseor promises to do something impossible, then the contract is cancelled. This section therefore deals with « teaching frustration. » This concept has evolved through jurisprudence. It states that the parties` two promises are independent of each other and do not have to rely on each other for the delivery. Suppose there`s a contract where A`s going to give B and B Ana chocolates.