Introduction:  A contract is an agreement, enforceable by law where every promise and every set of promises, forming the consideration for each other, is an agreement. The law of contract is most important part of commercial law because every commercial ...

1.1 Introduction Law as it is the command of the Sovereign. It means, firstly, law has its sources in sovereign authority, Secondly, law is accompanied by sanction, and lastly, the command to be a law should compel a course of ...

Introduction An the contract low consideration has been defined as 1 “when at the desire of the promisor , or any other person has done or abstained from doing , does or abstains from doing, does or abstains from doing ...

Introduction: Consideration is one of the essential elements of contract. The general principle is that no consideration no contract. But there are certain exceptions to this general principle where there may be contracts even without consideration. According to Section 25, ...

1. Introduction: A contract is an agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation, which may have elements in writing, though contracts can be made orally. The remedy for breach of ...

Introduction There is a fundamental divide among theories of contract law between those that Picture contract as a power and those that picture it as a duty. On the power conferring picture, contracting is a sort of legislative act in ...

1. Introduction :  Now-a-days Law affects every aspect of human life. In its broadest sense. “The word law includes the forces of nature that determine the physical environment in which each individual will live and the moral laws that regulate ...

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 the slot of a weighing machine,we  have entered into a contract. You go to ...

     1. Introduction : A contract is made when a person signifies his willingness to do or to abstain from doing anything with a view of obtaining the assent of the other party. Such act or abstinence is said ...

  Introduction The law of contract is a set of rules governing the relationship, content and validity of an agreement between two or more persons regarding the sale of goods, provision of services or exchange of ownership or interests. While ...