What is Contract? Discuss Essentials of Contact. According to Section 2 (h) of the Indian Contact Act, 1872, "A contract is ―an agreement enforceable by law‖. A…

LEGALITY OF OBJECT 23.What considerations and objects are lawful and what not.The consideration or object of an agreement is lawful, unless it is forbidden by law ; or is…

Slide 1JMM KLELC 1 Indian Contract Act, 1872 Legality of Consideration and Object Slide 2 JMM KLELC2 S. 23 What considerations and objects are lawful, and what not The consideration…

CONTRACTS OUTLINE CONTRACTS OUTLINE A contract is simply an agreement which the law will enforce. THEORY OBLIGATION CREATED BY DAMAGE (S) Agreement w/ Consideration Bargain…

1. What is Contract? Discuss Essentials of Contact.According to Section 2 (h) of the Indian Contact Act, 1872, " A contract is “an agreement enforceable…

General Principles of Law of Contract Dr. R. Rajesh Babu Introduction Fundamental to all business/commercial transactions The Indian Contract Act,1872 creates an obligation…