Revocation of Contract: Meaning and Modes- Our Legal World
Revocation of Contract: Meaning & Modes
Meaning
Revocation means “cancellation” and it is a type of remedy for buyers when the buyer accepts a nonconforming good from the seller.
Section 5 of the...
Discharge of Contract under Indian Contract Act, 1872
Discharge of Contract under Indian Contract Act, 1872
Introduction
A contract is said to be discharged when the object or obligations is fulfilled, the liability of either party under the contract comes to...
Consideration: Meaning, Definition and Essential Elements- Contract Act
Consideration: Meaning, Definition and Essential Elements- Contract Act 1872
Consideration: Meaning, Definition and Essential Elements
Meaning of Consideration
Consideration means “something return” or “something which is given and taken.” It refers to something...
VOID AGREEMENT UNDER SECTION 24 to 30 OF INDIAN CONTRACT ACT, 1872
VOID AGREEMENT UNDER SECTION 24 to 30 OF INDIAN CONTRACT ACT, 1872
This article is written by Shikha Singh who is a 2nd year student of BCom.LL.B. at Banasthali Vidyapith, Rajasthan. The...
ESSENTIAL ELEMENTS OF A VALID CONTRACT
ESSENTIAL ELEMENTS OF A VALID CONTRACT
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All Contracts are agreements but all
agreements are not contracts.
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Only that agreements which is
enforceable by law...
Offer and Acceptance – Indian Contract Act- 1872: OurLegalWorld
Offer and Acceptance - Indian Contract Act- 1872
Offer
First basic element of a contract is a valid offer or proposal, Section 2 (a)...