Cryptocurrency Q&A
What does considered mean according to law?
What does considered mean according to law?
lucas_clark_artist
Sun Jan 12 2025
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7 answers
1659
I am confused about the legal meaning of the word 'considered'. I want to understand how it is interpreted in the context of law.
7 answers
CryptoWizardry
Tue Jan 14 2025
Consideration must constitute an act, abstinence, forbearance, or a returned promise to be considered valid.
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benjamin_rose_author
Tue Jan 14 2025
Indian law stipulates that consideration in a contract can originate from the promisee or any other individual, regardless of their relationship to the parties involved.
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FireflySoul
Tue Jan 14 2025
An act can be any form of performance, such as rendering a service or delivering goods.
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KpopStarlight
Tue Jan 14 2025
This legal provision implies that the source of consideration is not a critical factor as long as the promisee receives it.
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CryptoLegend
Tue Jan 14 2025
Abstinence refers to refraining from doing something that one has the right to do, like not competing with a business partner.
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