Are Verbal Contracts Legally Binding Under The Law?
Introduction We often use verbal contracts in our day-to-day lives. We agree with persons and create an agreement without putting it in writing form. But sometimes, it creates confusion because when any disputes arise, then we have no…
Read more »Difference Between Coercion And Undue Influence Under The Contract Act
Introduction Most of the time, people in the legal profession do not make the right judgment at the right time because of not have a proper understanding of the difference between coercion and undue influence. So, do not…
Read more »Are All Agreements Contracts In Terms Of The Contract Act?
Introduction The question ” Are all agreements Contracts in terms of the Contract Act? sometimes create confusion in our minds. Most of the time, people have the wrong concept regarding agreements and contracts but there is a difference…
Read more »What Is The Basic Difference Between Fraud And Misrepresentation?
Introduction Before entering the contract, you should know the difference between fraud and misrepresentation. Nowadays, it is the time when a contract has been a vital part of the business. Misrepresentation and fraud become significant for corporate transactions.…
Read more »Suit For Damages In The Case Of Breach Of Contract
(1) Introduction A contract is an agreement that the parties make with understanding and mutual consent. Such a contract is legally binding to the party to perform their duty per the contract’s terms and conditions. If a party…
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