Essentials of Valid Offer Under Indian Contract Act

Introduction A contract can be defined as an agreement between two or more people to accomplish a certain goal while defining each party’s rights and responsibilities. In our day-to-day life Contracts play an important role, from insurance plans to labor …

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Difference Between Bailment And Pledge

Introduction Bailment and Pledge are specified as distinct types of contracts under the Indian Contract Act of 1872. Although there may or may not be a consideration involved, bailments and pledges are considered as ‘valid’ contracts or quasi-contracts (where the …

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Doctrine of Holding Out under Partnership Act

Introduction The Doctrine of holding out partnership goes back to the Partnership Act of 1890. This is also called the partnership as the estoppels. The liability of every person goes to the firm individually, but there is the formation of …

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Various Modes Of Discharge Of Contract

Introduction What is a Contract? A contract has been defined under Section 2 (h) of the Indian Contract Act, 1872 as: “An agreement enforceable by law.” According to Salmond, “A contract is an agreement creating and defining obligation between two or more …

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