1. Introduction – What is a Contract? 1.1 Definitions Not all agreements will be contract enforceable in law - social arrangements, for example, or contracts which offend…
Consideration and Capacity CHAPTER 8 Definition of Consideration y Section 2(d) of the Indian Contract Act defines "Consideration" as When, at the desire of the…
Consideration Essentials of a valid contract What considerations and objects are lawful and what not Section 24 Agreements void if consideration and object are lawful in…
CHAPTER I All agreements are not enforceable by law and, therefore, all agreements are not contracts. Some agreements may be enforceable by law and others not. For example,…
Einstein College of Engineering EINSTEIN COLLEGE OF ENGINEERING ADAM SMITH BUSINESS SCHOOL DEPARTMENT OF MANAGEMENT STUDIES AN OVERVIEW OF LEGAL ASPECTS OF BUSINESS – BA…
1. Chapter 3J J Maini, MIMIT Malout 1 2. Foundation of every contract In the absence of consideration a promise orundertaking is purely gratuitous- creates nolegal…
Slide 1THE POWER OF INDUSTRIAL DESIGNS IN THE TEXTILE & APPARELS SECTOR Jyotsna Balakrishnan Anand & Anand, New Delhi June 2005 [email protected] Slide 2 DESIGN…
Slide 1 Slide 2 Source of legal rights Torts Contract Statute Slide 3 A contract is an agreement that is enforceable at law. Slide 4 Contract How do we know whether or not…