Section 14 Contract Act
2021-10-04
14. “Free consent” defined. Consent is said to be free when it is not caused by- (1) coercion, as defined in section 15, or (2)Read More →
What Is Free Consent in Contract
2021-10-04
As per section 10 of the Indian Contract Act, free consent of all the parties to a contract is one of the essential elements of a valid contract.Read More →
Section 182 Contract Act
2021-09-23
182. “Agent” and “principal” defined. An “agent” is a person employed to do any act for another, or to represent another in dealing with thirdRead More →
Section 201 Contract Act
2021-09-23
201. Termination of Agency. An agency is terminated by the principal revoking his authority, or by the agent renouncing the business of the agency; orRead More →
Contract of Agency – Characteristics, Formation and Termination
2021-09-23
The features or characteristics of a contract of agency can be learnt from sections 183 to 185 of the Indian Contract Act.Read More →
Section 189 Contract Act
2021-09-23
189. Agent’s authority in an emergency. An agent has authority, in an emergency, to do all such acts for the purpose of protecting his principalRead More →
Section 185 Contract Act
2021-09-23
185. Consideration not necessary. No consideration is necessary to create an agency. Law Note: Contract of Agency – Characteristics, Formation and Termination Read Contract ActRead More →
Section 184 Contract Act
2021-09-23
184. Who may be an agent. As between the principal and third persons, any person may become an agent, but no person who is notRead More →
Section 183 Contract Act
2021-09-23
183. Who may employ agent. Any person who is of the age of majority according to the law to which he is subject, and whoRead More →
Section 10 Contract Act
2021-09-20
10. What agreements are contracts? All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawfulRead More →
Section 25 Contract Act
2021-09-20
25. Agreement without consideration, void, unless it is in writing and registered or is a promise to compensate for something done or is a promiseRead More →
Essential Elements of a Valid Contract
2021-09-07
The essential elements or necessary conditions of an agreement to become a valid contract are: 1. More than one party. 2. Agreement…Read More →
When Communication of Acceptance is Complete – Contract Act
2021-07-14
Section 4 of the Indian Contract Act talks about ‘Communication When Complete.’ This Contract Act law note briefly tells you more about it.Read More →
Rights and Duties of Bailor and Bailee – Contract of Bailment
2021-04-28
1. The person who delivers the goods (movable property) is called the bailor.
2. The person to whom the goods are delivered is called the bailee.
3. And the contract between the bailor and bailee is called the contract of bailment.
The contract of bailment is created only about movable property.Read More →
PREAMBLE (1-2) – Indian Contract Act, 1872
2020-05-14
1. Short title.
This Act may be called be the Indian Contract Act, 1872.
Extent, commencement- It extends to the whole of except the State of Jammu and Kashmir; and it shall come into force on the first day of September, 1872.
Enactment repealed:
Saving- Nothing herein contained shall affect the provisionsRead More →
CHAPTER I (3-9) – COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS
2020-05-14
3. Communication, acceptance and revocation of proposals.
The communication of proposals, the acceptance of proposals, and the revocation of proposals and acceptance, respectively, are deemed to be made by any act or omission of the party proposing, accepting or revoking, by any act or omission of the party proposing, acceptingRead More →