SRD Law Notes: law of Contract

Showing posts with label law of Contract. Show all posts

What is a Contract? Meaning and Definition of Contract

What is Contract The word contract is derived from the Latin word contractum meaning drawn together. It, therefore, denotes drawing togeth...

Meaning and Definition of "Negotiable instrument" - According to section 13 of the negotiable instrument Act 1981, A “negot...

Introduction - Section 14 to Section 17 of the Sale of Goods Act, 1930 (SOGA) deals with the provisions relating to implied Cond...

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

No Transferability Negotiability 1 Transferab...

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

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

1) Introduction : Damages means compensation for the loss suffered by the aggrieved party in a breach of contract. It ...

1) Introduction: Breach of Contract means "non-observance of a contractual obligation", or failure to perform the C...

1) Breach of Contract : Breach of contract means failure to perform the contractual obligation by either of the parties without ...

1) Introduction A contract is said to be discharged when the obligations created by it come to an end. In other words disch...

Introduction According to Section 11 of the Indian Contract Act 1872, Persons of unsound mind are not competent to Contract...

The expression 'Guarantee' literally means "assurance given by one person to another at the default of some other"...

'Breach of Contract' means failure to perform the Contract and 'Remedy' which means any of the methods availab...