Introduction
The Indian Contract Act, 1872 pertains to contracts in India. It defines the conditions under which promises made by parties to a contract shall be legally binding.
Key Concepts
Void vs Voidable Contracts
Understanding the legal status of agreements.
Indemnity & Guarantee
Special types of contracts.
Agency
Principal-Agent relationship and liabilities.
Syllabus Highlights
- Essentials of a Valid Contract
- Offer and Acceptance
- Consideration
- Free Consent (Coercion, Undue Influence)
- Breach of Contract & Remedies