Contingent contract with the suitable act, case law, example according to Indian contract act 1872 Table of Contents Introduction: A contingent contract is a contract where the performance of the contract is dependent on the occurrence of a particular event. According to Section 31 of the Indian Contract Act, 1872, a contingent contract is a […]
Anticipatory breach of contract with the suitable act, case law, example according to Indian contract act 1872 Introduction: Anticipatory breach of contract refers to a situation where one party to a contract makes it clear to the other party that they do not intend to perform their obligations under the contract. This is also known […]
Explain Privity of contract with exception with the suitable act, case law, example according to Indian contract act 1872 Introduction: Privity of contract refers to the principle that only the parties to a contract have rights and obligations under the contract. In other words, only those who are parties to a contract can sue or […]
Quasi contract with the suitable act, case law, example according to Indian contract act 1872 Introduction: Quasi contract, also known as implied-in-law contract, is a type of contract which is not created by the mutual consent of the parties. Rather, it is imposed by law as a means to prevent unjust enrichment or unjust detriment […]
Explain Consideration and it’s essential with the suitable act, case law, example according to Indian contract act 1872 Introduction Consideration is an essential element in a contract, which refers to something of value exchanged between the parties to the contract. In Latin term “Quid pro quo” means Something in Return. Consideration is a crucial aspect […]
Explain Void agreement with exception with the suitable act, case law, example according to Indian contract act 1872 Introduction In the Indian Contract Act, 1872, a void agreement is one that is not enforceable by law, meaning it has no legal effect, and no rights or obligations can be derived from it. The Act defines […]
Explain communication and revocation of offer with the suitable act, case law, example according to Indian contract act 1872 Introduction Communication and revocation of offer are essential aspects of contract law in India. The Indian Contract Act, 1872, governs the communication and revocation of offers, which are critical in determining the validity of a contract. […]
Explain Proposal and it’s essential with the suitable act, case law, example according to Indian contract act 1872 In the Indian Contract Act, 1872, the term ‘proposal’ is used to describe an offer made by one party to another, which, when accepted, becomes a Promise. A proposal is a crucial aspect of any contract, and […]
FORMAT OF CONTRACT A contract is an agreement between two or more parties that creates a legal obligation. Contracts can be formed in a variety of ways and can take many forms, depending on the parties’ intentions and the subject matter of the agreement. The format of a contract is an important consideration because it […]
A Detail History of Contract and Distinguish From Agreement HISTORY AND NATURE OF CONTRACT ACT LAW: A Body of rules of conduct of binding legal force and effect, laid down, recognized, and Implemented by controlling authority. Controlling authority: Appropriate government means center or state government. Government: Govt. can be defined as the institution or institutions […]