Meaning, Definition and Kinds of Quasi Contracts

Introduction -        Chapter -V, Section 68 to Section 72 of the Indian Contract Act, 1872 speaks about "Quasi-Contract or Certain...

Rights and Duties of Partners | Contracts of Partnership

Meaning and Definition of Partnership -            Partnership is a special kind of Contract. Section 4 of the Indian Partnership Act 19...

What are the Declaratory Decrees and how the Court can use this Discretionary Power?

1) What is Declaratory Decree -  A declaratory decree is a decree declaring the right of the plaintiff. Declaratory judgment is a judgem...

Voidable Contract: Meaning and Definition of Voidable Contract

Meaning of voidable contract -           A voidable contract is something different and peculiar. One of the parties to the contract al...

What is Vicarious liability ?

What is Liability       Liability is the result of a violation of the law. The law awards legal rights to one individual and imposes th...

What is Liability and what are Different Kinds/ Types of Liability

What is Liability -        Liability is the result of a violation of the law.  Law lays down is down the right and duties on the individu...

When agreements become Invalid? | Law of Contract

Introduction -             Agreements create rights and duties. An agreement constituent the best evidence of justice between the partie...

Difference between Transferability and Negotiability

No                                Transferability                Negotiability 1 Transferab...

Difference Between Cheque and Bill of Exchange | Law of Contract

What is Bill of Exchange?        Section 3(1) of the Bill of Exchange, Act 1882 defines - Bill of exchange is an unconditional order in w...

Distinction / Difference between Coercion and Duress | Law of Contract

No                                          Coercion                          Duress 1) Meanin...

What is Quantum meruit ? When does the claim on Quantum meruit arise?

1) Meaning of Quantum meruit :       The phrase "Quantum meruit" literary means as much as earned or as much as is merited.   ...

Assignment of Contract | Law of Contracts

1) Introduction           Assignment of contract means the transfer of contractual rights and liabilities under the contract to a third p...

Promissory Note: Meaning Definition and Essentials of a Promissory note

1) Introduction -  Meaning and Definition of Promissory Note -               Negotiable Instrument Act defines promissory note, Accordi...