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 CPT Chapter Consideration

CA CPT Exam  

With Bharat Galani.Duration:3hrs 18mins

Consideration Duration (min:sec)
{modal;rel=0|width=780|height=439|title=Introduction}Introduction{/modal} 03:00
{modal;rel=0|width=780|height=439|title=Consideration Definition}Consideration Definition{/modal} 22:06
{modal;rel=0|width=780|height=439|title=What is Consideration?}What is Consideration?{/modal} 01:18
{modal;rel=0|width=780|height=439|title=Requirement for consideration}Requirement for consideration{/modal} 02:43
{modal;rel=0|width=780|height=439|title=Desire of Promisor}Desire of Promisor{/modal} 03:59
{modal;rel=0|width=780|height=439|title=Move from Promisee or Third Person}Move from Promisee or Third Person{/modal} 04:29
{modal;rel=0|width=780|height=439|title=Executed, Executory and Past Consideration}Executed, Executory and Past Consideration{/modal} 09:26
{modal;rel=0|width=780|height=439|title=Must be real and competent}Must be real and competent{/modal} 03:55
{modal;rel=0|width=780|height=439|title=Must not be illegal, immoral or Opposed to PP}Must not be illegal, immoral or Opposed to PP{/modal} 10:01
{modal;rel=0|width=780|height=439|title=Adequacy of consideration}Adequacy of consideration{/modal} 04:31
{modal;rel=0|width=780|height=439|title=Not be what legally bound to perform}Not be what legally bound to perform{/modal} 04:28
{modal;rel=0|width=780|height=439|title=Summary Requirement of Consideration(MP TRAIL)}Summary Requirement of Consideration(MP TRAIL){/modal} 01:01
{modal;rel=0|width=780|height=439|title=Positive and Negative Consideration}Positive and Negative Consideration{/modal} 05:09
Third Party Involvement  
{modal;rel=0|width=780|height=439|title=What is Third Party Involvement?}What is Third Party Involvement?{/modal} 04:41
{modal;rel=0|width=780|height=439|title=Privity of Contract and Exceptions}Privity of Contract and Exceptions{/modal} 09:03
{modal;rel=0|width=780|height=439|title=Family Settlement HUF}Family Settlement HUF{/modal} 06:11
{modal;rel=0|width=780|height=439|title=Assignment & Beneficiary}Assignment & Beneficiary{/modal} 06:25
{modal;rel=0|width=780|height=439|title=Covenant of Land}Covenant of Land{/modal} 10:30
{modal;rel=0|width=780|height=439|title=Estoppel}Estoppel{/modal} 04:34
{modal;rel=0|width=780|height=439|title=Agency}Agency{/modal} 05:25
{modal;rel=0|width=780|height=439|title=Summary of Exception(FAB LEAF)}Summary of Exception(FAB LEAF){/modal} 01:31
No Consideration No Agreement  
{modal;rel=0|width=780|height=439|title=No Consideration No Agreement it's Exceptions}No Consideration No Agreement it's Exceptions{/modal} 02:12
{modal;rel=0|width=780|height=439|title=Natural Love and Affection}Natural Love and Affection{/modal} 05:08
{modal;rel=0|width=780|height=439|title=Charity}Charity{/modal} 02:46
{modal;rel=0|width=780|height=439|title=Compensation for past Voluntary services}Compensation for past Voluntary services{/modal} 07:52
{modal;rel=0|width=780|height=439|title=Promise to pay time barred debt}Promise to pay time barred debt{/modal} 08:54
{modal;rel=0|width=780|height=439|title=Bailment}Bailment{/modal} 09:37
{modal;rel=0|width=780|height=439|title=Agency}Agency{/modal} 02:31
{modal;rel=0|width=780|height=439|title=Completed Gift}Completed Gift{/modal} 01:33
{modal;rel=0|width=780|height=439|title=Summary No Consideration No Agreement (L CPT BAG)}Summary No Consideration No Agreement (L CPT BAG){/modal} 00:48
{modal;rel=0|width=780|height=439|title=Conclusion}Conclusion{/modal} 04:30
{modal ?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 27:59
Total 3:18:16


Other Essential elements of a valid contract
Performance of Contract
Breach of Contract
Contingent & Quasi Contract

What is consideration?
Requirements of consideration
Third Party involvement
Agreement without consideration

What is consideration?
Section 2(d) “When at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing or promises to do or abstain from doing something, such an act or abstinence or promise is called consideration for the promise”

Requirements of Consideration
M Consideration must move at the desire of the Promisor
P Consideration may move from Promisee or any other person (Third Party)

Executed and Executory Consideration
Past Consideration
R Consideration must be real and competent
I Consideration must not be unlawful, immoral, or opposed to public policy
A Adequacy of Consideration
L Performance of what one is legally bound to perform

F Family Settlement
A Assignment of Contract
B Beneficiary
L Covenant on Land
E Estoppel
A Agent
F Female During Partition HUF

CPT Exam Exposure

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