Question

"It is necessary to remember that there are agreements between parties which do not result in contracts within the meaning of that term in our law. The ordinary example is where two parties agree to take a walk together, or where there is an offer and an acceptance of hospitality. Nobody would suggest in ordinary circumstances that those agreements result in what we know as a contract, and one of the most usual forms of agreement that does not constitute a contract appears to me to be the arrangements, which are made between husband and wife. It is quite common that the two spouses should make arrangements between themselves. To my mind those agreements, or many of them, do not result in contracts at all, and they do not result in contracts even though there may be what as between other parties would constitute consideration for the agreement. It constantly happens, I think, that such arrangements made between husband and wife are arrangements in which there are mutual promises, or in which there is consideration in form within the definition that I have mentioned."
In the light of above statement, answer the following question: .
1) Explain the essentials of the validity of the contract.

2)Discuss the relevant case laws in relation to the above statement​

Answer 1

Explanation:

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Answer 2

Answer:

It is necessary to remember that there are agreements