Difference Between Sale And Agreement To Sell

Introduction We hear the term “sale” in our day-to-day dealings with the local vendors, traders, etc. Owing to the fact that we tend to use this word so casually, we often confuse “sale” with an “agreement to sell”. Irrespective of …

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Essential Elements Of Valid Contract

Introduction According to Section 2(h) of the Indian Contract Act, 1872, a contract refers to an agreement enforceable by law. As clear from the usage of the phrase ‘enforceable by law’, such an agreement not backed by the provisions of …

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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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