BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Accepting
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Agreeing with the same sense
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Agreeing even with variation
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Disagree
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Detailed explanation-1: -’Consent’ defined.-Two or more persons are said to consent when they agree upon the same thing in the same sense.
Detailed explanation-2: -Principle: Two or more persons are said to consent if they agree upon the same thing in the same sense. Consent is said to be free when it is not caused by coercion, on undue influence, or fraud, or misrepresentation, or mistake.
Detailed explanation-3: -If the term “agree” is used, the action will be performed by the person who agreed, when “consent” is used, the action will be performed by the other person and will be tolerated by the first.
Detailed explanation-4: -Bilateral Mistake (Section 21) All the parties do not agree to the same thing and in the same way, which is the concept of consent. Since there is no consent, the contract is null and void.
Detailed explanation-5: -Elements:-The elements of consent are limited to a similar purpose as well as the same sense of mind. On the other hand, the elements of free consent should be free from fraud, coercion, undue influence, misrepresentations, and other mistakes too. Void: The contract will be voidable if there is no consent.