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Types of damages
Remedies available to an aggrieved party for breach of contract.
Remedies available to an aggrieved party for breach of contract. State the principles for awarding and the rules laid down …
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Discharge of contract.
Methods in which contract may be discharged.
Discharge of contract. A contract may be discharged or terminated in any of the following ways: (1) Discharge by Performan…
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Wagering Agreements.
Wagering Agreements.
Wagering Agreements. In simple words, an agreement between two parties by which one promises to pay money or money's wo…
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Appropriation of Payments.
Rules are as to against which debt the payment is to be adjusted or appropriated.
Appropriation of Payments.
Appropriation of Payments. When a debtor, who owes several debts to the same creditor, makes a payment which is not suffici…
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Rules Regarding Performance of Contingent Contracts .
Contingent Contract
Meaning and Definition of Contingent Contract A contract may either be absolute or contingent. In an absolute contract, prom…
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the guardian of minor has no right to enter into any contract on behalf of the minor
Minor in Indian Contract Act.
Who is a Minor ? According to Sec. 3 of Indian Majority Act, 1875 , every person domiciled in India shall be deemed to have…
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Void agreements.
Void Agreements.
The agreements which are not enforceable by law are said to be void agreements. As such, a void agreement does not give r…
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