Capacity to Contract
jurispost.com The capacity to contract is a fundamental concept in contract law, determining who is legally capable of entering into a binding agreement. For a contract to be valid, all parties…
June 2024
Unlawful Consideration
Consideration in a contract is said to be unlawful when it involves actions or promises that are illegal, immoral, or against public policy. Here are the circumstances under which consideration…
When an agreement without consideration is valid?
Agreements without consideration are generally not valid contracts in contract law. However, there are some exceptions where such agreements might be enforceable: 1- Promises in writing based on natural love…
Consideration in Law of Contract
Section 2 (d) of Indian Contract Act, 1872 defines ‘Consideration’ Consideration in Law of Contract says, “When, at the desire of the promisor, the promisee or any other person has…
Differences Between Offer and Invitation to Offer
Differences Between Offer and Invitation to Offer Offer- When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the…
Invitation to Offer
An invitation to offer or invitation to treat is a preliminary communication that indicates a willingness to negotiate or engage in discussions but does not amount to a binding offer.…
Meaning of Contract
Section 2 (h) of Indian Contract Act, 1872 defines ‘Contract’ “An agreement enforceable by law is called as contract.” Contract = Agreement + Enforceability The key components of this definition…
Revocation of Proposals and Acceptances
Section 5 of Indian Contract Act, 1872- Revocation of proposals and acceptances Revocation of proposals “A proposal may be revoked at any time before the communication of its acceptance is…
Types of Offers in Law
The Indian Contract Act, 1872 recognizes several different types of offers in law, each with its own characteristics: 1- Express Offer: This is a clear and direct communication of a…
Difference between Specific offer and General offer
In contract law, the distinction between a specific offer and a general offer is significant, as it affects how the offer is communicated, accepted, and enforced. Here’s a breakdown of…