The Indian Contract Act, 1872 defines the term “Contract” under its section 2 (h) as “An agreement enforceable by law”. In other words, we can say that a contract is anything that is an agreement and enforceable by the law of the land. This definition has two major elements in it viz – “agreement” and “enforceable by law”. So in order to understand a contract in the light of The Indian Contract Act, 1872 we need to define and explain these two pivots in the definition of a contract.

Contract act +3 more

by AKSHAT RAO PATIL

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3 Attachments 4 years ago

DETAILED NOTES ABOUT CONTRACTS ND THEIR TERMS

Macro economics +1 more

by Rishika Jain

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1 Attachment 3 years ago

This unit deals with the Indian act in detail. It explains the law & contract and introduces the terminology used in the Indian contract and the related concepts.

Events law +2 more

by Divya Bhatt

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6 Attachments 3 years ago

This unit deals with the Indian act in detail. It explains the law & contract and introduces the terminology used in the Indian contract and the related concepts.

Events law +2 more

by Divya Bhatt

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7 Attachments 3 years ago