What Are The Requisites Of Contract Of Sale?
Introduction The modern age has entered the age of trade, commerce, and the sale and purchase of goods. All these are inseparable and a core element of trade and commerce. In a diverse country like India, there must…
Read more »An Agreement Without Consideration is Void
Introduction One of the most important principles in contract law is consideration. As a result, every student of contract law should have a full grasp of the subject. According to the Indian Contract Act of 1872, each contract…
Read more »What Are The Types of Contracts?
Introduction The Contract is a crucial factor for making every transaction regarding a specific purpose. There are many types of contracts available under the Indian Contract Act 1882. Through the agreement, everyone makes transactions healthy and wealthy it…
Read more »What Is The Importance of Consideration In A Contract?
Introduction Consideration is a vital part of a contract. Consideration is the cost of this contract. An agreement without lawful consideration is void and thus not enforceable by law except under certain conditions. Consideration is the price for…
Read more »What are the Essentials of a Valid Contract?
Introduction: The contract is an agreement. When we need to enter into a contract, we need to know the essentials of a valid contract. In most cases, it must be made in written foment. However, an oral agreement…
Read more »What is a Sale Deed and its Essentials?
Introduction Are you preparing to sell your property? If yes, then at the initial stage, you need to make a sale deed that makes you safe from a sudden hassle. It is good to know that a sale…
Read more »What are the Rights and Duties of Bailor and Bailee?
The Indian Contract Act defines some very essential rights and duties of the bailor and bailee because they benefit both resulting in mutual growth in business and relationship. (1) What is Bailment? As per section 148 of the…
Read more »What is a Capacity to Contract?
(1) Introduction:: Every transaction is made based on the contract, whether it is commercial or personal. We can say that most of the transactions are made for a specific purpose which results in contracts. The contract is used…
Read more »What is the Difference between Bailment and Pledge?
(1) Introduction: There are many types of contracts covered in the Contract Act, a party may use various types of Contracts, according to the requirement of a business transaction or any other purposes. The contract of Bailment and…
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