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Business Law Presentation
Business Law Presentation
PRESENTATION
GROUP-5
LEGAL REPRESENTATIVE - If the promisor dies before performing the promise, then the legal representatives
become responsible for the same. If the promise involves the utilization of personal skills or expertise, then the
consideration ceases with the death of the promisor.
AGENT OR THIRD PARTY- If the contract does not require the personal consideration of the promisor, then
the promisor can employ a competent person to perform the promise.
JOINT PROMISOR - When two or more persons make a joint promise, the promisee may, in the absence of
express agreements to the contrary, compel any one or more of such joint promisors to perform the whole
promise.
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