Legal Advisor! • 1y
After my yesterday's post on Agreements and Contract, people asked me if I am doing an agreement where money is not involved and the transaction is in kind, is it valid? The answer is no. In India, only the agreement which has a monetary value attached as a consideration is valid. There's no barter system allowed. Additionally, a napkin agreement where two parties agreed to something and signed on a napkin is not a admissible contract. A valid contract must be on a non-judicial stamp paper.
Passionate about Pos... • 1m
freelancer ? this prompt might be a gamechanger for you! Contract Drafter prompt I’m selling [item/service] to someone. Write a simple, legally sound agreement that protects both of us and includes [insert details like delivery, price, timelin
See MoreFront-end Developer • 1y
What is a Consensus algorithm in Blockchain? A consensus algorithm is a protocol used in blockchain networks, to ensure agreement among nodes on transaction validity and ledger state. It enables decentralized operation by providing agreement through
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