Question

    The Court in the case of Durga Prasad v. Baldeo specified the___________

    A Importance of consideration as an essential element for a contract Correct Answer Incorrect Answer
    B If there is a reply of a query it is considered to be an acceptance an acceptance Correct Answer Incorrect Answer
    C Acceptance is valid, if it is communicated to the offeror either by the offeree or by some duly authorized person Correct Answer Incorrect Answer
    D Advertisement which contains certain terms to get a reward constituted a binding unilateral offer Correct Answer Incorrect Answer

    Solution

    This case is based on section 2(d) of the Indian Contract Act and the Act specifies the importance of consideration as an essential element for a contract. Apart from this Section 25 of the Act was taken into consideration which states that “any agreement without consideration is void”. Thus, the Statue itself provides for that the necessities of a valid agreement.

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