Importance of Lawful Consideration in a Contract with Example
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 as per the Indian Contract Act,1872?
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 »Difference between a Void and a Voidable Contract under the Contract Act
Introduction Most of the time, people come to make mistakes between a void contract and a voidable contract, and as a result of that, they have to face problems legally. They need to have a clear concept about…
Read more »What is a Sale Deed and its Essentials in India?
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 »Know the Importance of Quasi Contract under the Indian contract act 1872
Introduction: Sometimes, you may suffer from an unknown hassle and you have to pay an amount on behalf of others. But it is sorry to say that for what reason you have to pay, that is unknown to…
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