What are the rules of a contract law?
The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
In some states, elements of consideration can be satisfied by a valid substitute..
What is 73 of the Indian Contract Act?
The parties to a contract must either perform, or offer to perform, their respective promises, unless such performance is dispensed with or excused under the provisions of this Act, or of any other law..
Which book is best for Indian Contract Act?
Indian contract Act was drafted by sir James fitzames Stephen who headed the 3rd Indian law commission during the British regime and after the independence it continued by the virtue of art..
Who is the best author for Indian Contract Act?
“The Indian Contract Act, 1872” authored by Pollock Mulla is a classic reference work in contract law.
It offers an in-depth analysis of the Indian Contract Act, its history, key provisions, and landmark cases.
This book is known for its comprehensive coverage, meticulous research, and insightful commentary..
Who wrote Contract Act in India?
A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a "contract of indemnity"..
Who wrote contract Act in India?
Indian contract Act was drafted by sir James fitzames Stephen who headed the 3rd Indian law commission during the British regime and after the independence it continued by the virtue of art..
Who wrote Contract Act in India?
When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract, compensation for any loss or damage caused to him thereby, which naturally arose in the usual course of things from such breach, or which the parties knew, when they made the .
