Contract Act

Suit For Damages In The Case Of Breach Of Contract

Suit For Damages In The Case Of Breach Of Contract

(1) Introduction  A contract is an agreement that the parties make with understanding and mutual consent. Such a contract is legally binding to the party to perform their duty per the contract’s terms and conditions. If a party of the contract does not fulfil their part due to any circumstances …

Read More »

What Is The Discharge Of Contract In The Contract Law?

What Is The Discharge Of Contract In The Contract Law

Introduction  Often, a contract makes certain obligations because of one or all parties’ involvement. When the obligation comes to an end, the discharge of the contract happens. The thing is that there are many reasons for which a contract is discharged. To know the reasons, you go through the article, …

Read More »

What Is The Contingent Contract Under The Contract Law?

What Is The Contingent Contract Under The Contract Law

Introduction In our everyday lives, we employ contingent contracts. It is specified under the Indian Contract Act, sections 31 to 36. The contract’s enforceability is directly proportional to the occurrence or non-occurrence of an unknown. With the assistance of examples, we will explain the concept of a dependent contract, its …

Read More »

Difference Between Contract And Agreement In Contract Law

Difference Between Contract And Agreement In Contract Law

Introduction Since agreement and contract are used as formal statements, that’s the reason why both terms are used interchangeably. In general, an Agreement is a legal promise between two parties. And a contract is legally binding and enforceable by law. An agreement does not need written proof, as while; contracts …

Read More »