KNOW THE LAWOFFER AND INVITATIONThese two terms are ubiquitous but yet misunderstood and are used interchangeably. The two terms are very significantly used and are...
KNOW THE LAWLIQUIDATED DAMAGES IN A CONTACT BY BREACH OF CONTRACTIn India, all contractual agreements are governed by the Indian Contract Act, 1872. According to this act, a contract is essentially an...
KNOW THE LAWELEMENT OF TIME IN CONTRACTSIntroduction: To begin with the term contract has been defined in section 2(h) of the Indian contract act 1872. An agreement enforceable...
KNOW THE LAWEFFECT OF ACCEPTANCE TO AN OFFERINTRODUCTION Contracts play an important role in our day to day life; it has entered every aspect of the society. We enter into a...
KNOW THE LAWDISCHARGE OF CONTRACT BY NOVATIONIntroduction A contract to be valid under Indian Contract Act must be entered by two or more adult persons of sound mind with an...
KNOW THE LAWEFFECT OF DEATH OR RELEASE OF A JOINT PROMISORThe Indian Contract Act, 1872, regulates Indian contract law and is the most important piece of legislation in the country. Except for...
KNOW THE LAWDIFFERENT MODES OF REVOCATION UNDER INDIAN CONTRACT ACT, 1872Introduction: Revocation means withdrawal of the offer. Whenever an offer/ proposal is taken back by the offeror, it is a revocation of...
KNOW THE LAWCONTRACTS OPPOSING PUBLIC POLICYIn India, a contract is defined as a legally enforceable agreement that grants personal rights and imposes obligations that the law...