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Contract act

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Legal Aspects of Business A contract is an agreement that is legally enforceable. It requires an offer, acceptance, and consideration. For a contract to be valid there must be free consent between the parties without coercion, undue influence, misrepresentation, or mistake. Contracts can be discharged through performance, breach, impossibility of performance, or agreement between the parties such as novation or rescission. Remedies for breach of contract include damages, rescission, injunctions, and restitution.

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Legal Aspects of Business
CONTRACT ,[object Object],[object Object],[object Object]
AGREEMENT ,[object Object],[object Object],[object Object],[object Object]
CONSENSUS AD IDEM ,[object Object],[object Object],OBLIGATION
An Offer ,[object Object]
An Acceptance ,[object Object]
Some vital points : ,[object Object],[object Object],[object Object]
Agreement Vs Contract ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ESSENTIALS OF VALID CONTRACT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
CLASSIFICATION OF CONTRACTS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A note in addition : Illegal Vs Void ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CLASSIFICATION OF CONTRACTS
Free Consent ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Coercion (sec 15) ,[object Object],[object Object],[object Object]
Undue Influence (sec 16) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fraud (sec 17) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fraud ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Misrepresentation (sec 18) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Mistake (sec 20 and 21) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Bilateral Mistake ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Mistake of fact ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Void Agreements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Exceptions to the Agreements in restraint of trade ,[object Object],[object Object],[object Object]
Restitution (sec 64 & 65) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Performance of Contract ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tender (an attempted performance) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Who must perform the promise? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Who can demand performance ? ,[object Object],[object Object],[object Object]
Time and place of performance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Discharge of Contract ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Remedies for breach of contract ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Contract act

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