Introduction - Chapter -V, Section 68 to Section 72 of the Indian Contract Act, 1872 speaks about "Quasi-Contract or Certain...
Implied Condition and Warranties | Law of Contract
Introduction - Section 14 to Section 17 of the Sale of Goods Act, 1930 (SOGA) deals with the provisions relating to implied Cond...
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...
When agreements become Invalid? | Law of Contract
Introduction - Agreements create rights and duties. An agreement constituent the best evidence of justice between the partie...
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. ...
Remedies For Breach of Contract | Law of Contract
1) Introduction: Breach of Contract means "non-observance of a contractual obligation", or failure to perform the C...
The Doctrine of Novation, Kinds of Novation
1) Introduction - Section 62 of the Indian Contract Act 1872 deals with the doctrine of novation. The expression "Nova...
Kinds of Breach of contract
1) Breach of Contract : Breach of contract means failure to perform the contractual obligation by either of the parties without ...
Discharge of Contract | Law of Contract
1) Introduction A contract is said to be discharged when the obligations created by it come to an end. In other words disch...
Pledge / Pawn : Meaning, Definition and Essentials of Pledge/ Pawn
1.Meaning and Definition of Pledge : Pledge also known as 'Pawn'. It is a Special Kind of Bailment . The bailment of goo...
Meaning, Definition and Essential Elements of Bailment.
1. Meaning of bailment : The term bailment is derived from French word 'bailor' which means to deliver. Bailment is a d...
Rights of Surety
The contract of guarantee is also known as the Contract of Suretyship . Section 126 of the Indian Contract Act, 1872 defines the C...
When is Surety Discharged from his Liability
According to Section 126 of the Indian Contract Act, 1872 A “contract of guarantee” is a contract to perform the promise, or disch...
See Also..
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1) Consider the following statements : A) Every promise is an agreement. B) Every agreement is a contract. C) A contrac...
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1) Which one of the following element is not necessary for a contract ? A) Competent parties B) Reasonable terms and condition...
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Computer is an important part of an accounting system. Computerized accounting systems are important to business in various...
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1) Give correct answer : A) Void agreements are always illegal. B) Illegal agreements are always voidable . C) Illegal a...
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Advantages of Law - There are many Advantages of law... some of the them are as follows : 1) Uniformity and Certainty: ...