Pritam banik

Nudum pactum is a Latin phrase that translates to “a naked promise” in English. Under Indian law as well as English law, one of the essentials of the constitution of an agreement is consideration. A consideration in other words may be described as something in return(quid pro quo). An agreement without consideration is a naked

It is a well established principle of Contract law that all contracts are agreements but all agreements are not contract. This might seem a little confusing, so, we will first learn about agreements and contracts. What is an Agreement? An Agreement is a promise backed by consideration. Section 2(e) of the Indian Contract Act, 1872

Qui facit per alium facit per se is a Latin maxim that translates to, “He who acts through another is acting himself” This legal maxim is often used in the law of torts to expound on the law that the principle is liable for the acts of this agents in certain circumstances. Literal translation &