Dictatorship

Dictatorship is a form of government in which a country or a group of countries is ruled by one person (a dictator) or by a political entity, and power is exercised through various mechanism in order to ensure that the entity's power remains strong. A dictatorship is a type of authoritarianism, in which politicians regulate … Continue reading Dictatorship

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Consideration

Consideration is essential for a valid contract. It is the price for a promise- a quid pro quo. It is the value received as incentive for the promise. A contact without consideration is not binding on the parties. Blackstone defined consideration as "the recompense given by the party contracting to the other". Pollock took consideration … Continue reading Consideration