Consideration Agreement Meaning In Hindi

n. 1) Payment or money. (2) An essential element of contract law, consideration, is an advantage that must be negotiated between the parties and is the main reason for the conclusion of a contract by a party. The consideration must be of value (at least for the parties) and is exchanged for the performance or promise of performance of the other party (this performance is itself a consideration). In a contract, one counterparty (business) is exchanged for another counterparty. Not making a plot can be a thought, like, “I`m going to pay you $1,000 not to build a road next to my fence.” Sometimes the consideration is “nominal”, which means that it is only indicated for the form, for example.B. “$10 in return for the transfer of ownership”, which is used to hide the actual amount that is paid. But if the same person offers to pay you $10 each day you drove them to work, a one-sided contract only binding the promiser until you`ve provided consideration by driving them to work on a given day. Agreement regardless of importance in Hindi: Get the meaning and translation of the agreement without taking into account in the Hindi language with grammar, antonyms, synonyms and uses of sentences….