NATURE OF CONTRACT [Sections 1±2] INTRODUCTION We enter into contracts day after day. Taking a seat in a bus amounts to entering into a contract. When you put a coin in…

CHAPTER 1 LAW OF CONTRACTS 2 Business Law Including Company Law 1.1 NATURE OF CONTRACT [Sections 1–2] INTRODUCTION We enter into contracts day after day. Taking a seat…

1.  The Indian Contract Act was passed and implemented to control various kinds of commercial and business contracts  The preamble of the Contract Act states where…

Slide 1 Slide 2 Law of Contract The law of contract is that branch of law which determines the circumstances in which promises made by the parties to a contract shall be…

1. Law of Contract The law of contract is that branch of law whichdetermines the circumstances in which promisesmade by the parties to a contract shall be legallybinding…

LAW OF CONTRACT IMPORTANCE OF CONTRACT Boarding a bus, buying a cold drink, house we rent, electricity that is supplied to us, telephone and cable we use Meaning and Introduction…

The Indian Contract Act 1872 The Indian Contract Act 1872 Introduction As a social being, man comes into contact with people in different ways. He comes into contact, For…

Slide 1 Slide 2 Lesson Twelve Inviting a Friend to New Year’s Eve Dinner Qi Xian School Slide 3 John has failed twice, but he wants to try again. John wants to try again…

NATURE AND DEFINITION OF LAW OF CONTRACT LAW â ITS DEFINITION According to SALMOND âLaw is the body of principles recognised and applied by the state in the administration…