Proposal or Offer. The whole process of entering into a contract starts with a proposal or an offer made by one party to another. To enter in…
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Limited Liability Partnership (LLP). A typical partnership form of the business suffers from the problem of unlimited liability. Liabiliti…
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The Sale of Goods Act 1930 Notes Contracts or agreements related to the sale of goods are governed under the Sale of Goods Act 1930. Thi…
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Legal Rules Regarding Consideration. Enforcing any legal contract requires it to have an element of consideration included in it. In simple w…
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Essentials of a Contract. What makes a valid contract? A valid contract is enforceable by law and if a contract is not valid it may lead t…
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What is a contract? The Contracts or agreements between various parties are framed and validated by the Indian Contract Act. Contract Act…
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