Question
Discuss what constitute lawful Consideration and lawful objects under the Indian Contract Act, 1872 along with the case law: Carlill vs. carbolic Smoke Ball Company.
Answer :
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Under the Indian Contract Act, 1872, a valid contract requires both lawful consideration and lawful object. Consideration, as defined in Section 2(d) of the Act, refers to something in return for which a promise is made. It can be an act, abstinence, or a promise to do or not to do something. Lawful consideration is essential for the enforceability of a contract and must satisfy certain conditions: it must move at the desire of the promisor, be real and not illusory, be lawful, and be possible to perform. Consideration must not be forbidden by law, immoral, or opposed to public policy. For example, if a cooperative promises to pay a member for supplying goods for illegal resale, the consideration is not lawful, rendering the contract void. The object of a contract refers to the
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