Section 17 fraud refers to a legal provision under various jurisdictions that addresses fraudulent activities in specific contexts. The exact details can vary depending on the country or legal system…
Under Section 16 of the Indian Contract Act, 1872, undue influence is defined as: “A contract is said to be induced by undue influence where the relations subsisting between the…
According to Section 15 of the Indian Contract Act, 1872, coercion is defined as: Coercion is the committing, or threatening to commit, any act forbidden by the Indian Penal Code…
The doctrine of privity of contract is a legal principle in contract law that holds that only the parties directly involved in a contract (i.e., those who have entered into…
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…
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…
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…
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 Offer- When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the…
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.…
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