Indian Contract Act (Page 5)

4. Communication when complete. The communication of a proposal is complete when it becomes to the knowledge of the person to whom it is made.  TheRead More →

5. Revocation of Proposals and acceptance. A proposal may be revoked at any time before the communication of its acceptance is complete as against theRead More →

6. Revocation how made. A proposal is revoked- (1) by the communication of notice of revocation by the proposer to the other party; (2) byRead More →

7. Acceptance must be absolute. In order to convert a proposal into a promise the acceptance must- (1) be absolute and unqualified. (2) be expressedRead More →

8. Acceptance by performing conditions, or receiving consideration. Performance of the conditions of proposal, for the acceptance of any consideration for a reciprocal promise whichRead More →

9. Promise, express and implied. In so far as the proposal or acceptance of any promise is made in words, the promise is said toRead More →

11. Who are competent to contract? Every person is competent to contract who is of the age of majority according to the law to whichRead More →

12. What is a sound mind for the purposes of contracting? A person is said to be of sound mind for the propose of makingRead More →

13. “Consent” defined. Two or more person are said to consent when they agree upon the same thing in the same sense.  Read Contract ActRead More →

19. Void-ability of agreements without free consent. When consent to an agreement is caused by coercion, fraud or misrepresentation, the agreement is a contract voidable atRead More →

19A. Power to set aside contract induced by undue influence. When consent to an agreement is caused by undue influence, the agreement is a contractRead More →

20. Agreement void where both parties are under mistake as to matter of fact. Where both the parties to an agreement are under a mistakeRead More →

21. Effect of mistake as to law. A contract is not voidable because it was caused by a mistake as to any law in forceRead More →

22. Contract caused by mistake of one party as to matter of fact. A contract is not voidable merely because it was caused by oneRead More →

23. What consideration and objects are lawful, and what not. The consideration or object of an agreement is lawful, unless- It is forbidden by law;Read More →

24. Agreements void, if consideration are objects unlawful in part. If any part of a single consideration for one or more objects, or any oneRead More →