• Contract Act
    A contract is a consensus of mind of two parties to an agreement. Indian Law of Contract is governed by Indian Contract Act, 1872. The word 'contract' had its origin from a Latin term "Contractum" which means 'drawn together'. The word Contract is defined in the Indian Contract Act in Section 2(h). It...
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  • Indian Contract Act
    THE INDIAN CONTTRACT ACT, 1872 The Law of contract is that branch of Law, which determines the circumstances in which promises made by parties to contract shall be legally binding on them. Every one of us enters into a number of contracts from morning until night. Examples: 1) Buying Milk...
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  • What Is Free Consent?
    Answer: FREE CONSENT * Meaning of consent: it means an act of assenting to an offer. According to section 13, "Tow or more persons are said to consent when they agree upon the same thing in the same thing in same sense." Thus, consent involves identity of minds in respect of the subject matter of...
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  • law for engineer
    Case Study Of The Contracts Act 1950 situations, there are three different contracts made between Allan and the bus conductor, Allan and Sally and Allan and Abu. Allan was trying to trick or lie to the bus conductor, Sally and Abu. The issue for the case Allan and the bus conductor and Allan and...
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  • Essential of Contract
    Chapter-1. Essential Elements of Contract Q. Define Contract. State the essential elements of contract. Ans: - A contract is an agreement, enforceable by law, made between at least two parties by which rights are acquired by one and obligations are created on the part of another. If the party, agreed...
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  • Pestle Analysis of Uae
    REPORT ON FRAUD SEC.17 INDIAN CONTRACT ACT 1872 Definition of contract: A contract is an agreement made between two or more parties which the law will enforce. Sec 2(h) defines contract as an agreement enforciable by law. Contract = An agreement + enforceable by law * According to Sir William...
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  • Contract
    MODEL PAPER – CONTRACT 1 Define contract. Explain the essentials of valid contract. A voluntary, deliberate, and legally binding agreement between two or more competent parties. Contracts are usually written but may be spoken or implied, and generally have to do with employment, sale or lease, or...
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  • Discuss the essential elements of a valid contract?
    Ans: Section 2(h) of the Indian Contract Act, 1872 defines a contract as an agreement enforceable by law. Section 2(e) defines agreement as "everypromise and every set of promises forming consideration for each other." Section2(b) defines promise in the word: "When the person to whom the proposal...
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  • Free Consent
    FREE CONSENT. CONSENT Two or more persons are said to consent when they agree upon the same thing in the same sense. (Consensus ad idem) Consent is said to be free when it is not caused by: 1: - Coercion 2: - Undue Influence 3: - Fraud 4: - Misrepresentation 5: - Mistake COERCION a. Definition: ...
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  • Ipc Question Papers
    April / May – 2012 CLM – 201 : Law of Contract - I SECTION - 1 (1) Each agreement is ? ? (A) Not contract (B) Contract (C) Both (D) No any one (2) Minor can not be done as promissory but he can be done as _________ (A) Promises (B) Guarantor (C) Both (D) No any one (3) There are...
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  • Kha Research
    No # Topics Page No # 1. Definition of Consent 02 2. Definition of Free consent 02 3. Concercion 02 4. Literal meaning of Coercion 02 5. What is Contract Coercion 02 6. Definition 02 7. Definition of Corecion according to Contract Act 1872 03-04 8. Effect of Coercion 04-05 ...
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  • Business Law
    According to Section 10, ‘free consent’ of all the parties to an agreement is one of the essential elements of a valid contract. * ‘Consent’ defined:- Section 13 of the contract act 1872 defines the term ‘consent’ and lays down that “Two or more person are said to consent when they agree upon the...
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  • Undue influence v unconscionability
    THE DOCTRINE OF UNCONSCIONABILITY: IS IT APPROPRIATE FOR IT TO BECOME THE UNDERLYING PRINCIPLE FOR A CLAIM OF VOIDABLE CONTRACTS ON THE GROUNDS OF UNDUE INFLUENCE? Table of Contents 1.0 Introduction ...
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  • Contratc Act
    INDIAN CONTRACT ACT, 1872 Scope of Study Legal Aspects of Contracts Parties to Contract Offer and Acceptance Types of contracts Legal Aspects of Contracts Contract is result of Promise to a certain thing in exchange for a promise from other. Contract law assures that promise so...
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  • Business law
     BUSINESS LAW (BBL 2014) TRIMESTER 1, 2013/2014 SESSION Assignment title: Comparative Study and Analysis of The Laws of Malaysia and United States PREPARED BY: STUDENT NAME STUDENT ID ITTIPORN PRASERTSIT 1092701396 ER CHEE ZHENG 1102700368 ...
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  • Bussiness Law
    Contract in law, a promise, enforceable by law, to perform or to refrain from performing some specified act. In a general sense, all civil obligations fall under tort or contract law. Torts are usually characterized as violations of duties that are imposed on all persons and that have been established...
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  • Free Consent
    FREE CONSENT Meaning * Agreement or act of assenting to an offer * No consent no contract Free ConsentConsent is said to free when it is not caused by * Coercion * Undue influence * Fraud * Misrepresentation * Mistake Flaw in consent * Coercion...
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  • The Law of Contract 1872
    The Law of Contract 1872 Meaning and source of Mercantile Law The Law of Contract One of the most important part of Mercantile law in India is the Law of Contract. This law determines the areas covered by the parties who enter into a contract. Meaning and source of Mercantile law Mercantile law...
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  • Exam Notes
    Biyani's Think Tank Concept based notes Business Laws (MBA) Lecturer Deptt. of Commerce & Management Biyani Girls College, Jaipur For more details: - http://www.gurukpo.com 2 Published by : Think Tanks Biyani Group of Colleges Concept & Copyright : ©Biyani Shikshan Samiti Sector-3...
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  • Module 1 B Law
    Essential elements of a valid contract. ➢ Essentials of a valid offer. ➢ Essentials of valid consideration. ➢ Stranger to consideration. ➢ “No consideration- No contract” – explain and give exceptions. ➢ Discuss the provisions of law relating to contract by minor. ➢ Agreements...
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