Law related courses in India
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..
Other courses related to Law
This module introduces you to the principles of contract at common law and in equity and helps you to understand how these principles are applied to agreements..
What are contracts under UK law?
Generally a contract forms when one person makes an offer, and another person accepts it by communicating their assent or performing the offer's terms.
If the terms are certain, and the parties can be presumed from their behaviour to have intended that the terms are binding, generally the agreement is enforceable..
What is a contract in law UK?
A contract is a legally binding promise (written or oral) by one party to fulfil an obligation to another party in return for consideration.
A basic binding contract must comprise four key elements: offer, acceptance, consideration and intent to create legal relations.
Resource ID 4-107-6271..
What is acceptance in contract law UK?
Contract acceptance is the act of agreeing to form a legally binding agreement based on an offer provided by the other party.
It is an essential element of a contract, and without it, a contract will not be valid or binding..
What is the course code for contract law in the UK?
W212 Contract law Open University Course..
