1. Section 182—Definition of “Agent” and “Principal” Definitions: An “agent” is defined as a person employed to do any act for another or to represent […]
Explore More1. Section 148— “Bailment,” “bailor,” and “bailee” defined Definition of Bailment: According to Section 148, bailment is the delivery of goods by one person to […]
Explore More1. Section 124— “Contract” of indemnity defined Definition and Scope: Section 124 of the Indian Contract Act defines indemnity narrowly, covering losses caused by the […]
Explore More1. Section 74—Compensation for breach of Contract where penalty stipulated for Remedies for Breach of Contract: The law provides three main remedies for breach of […]
Explore More1. Section 68—Claim for necessaries supplied to person incapable of contracting, or on his account Overview of Section 68 Section 68 of the Indian Contract […]
Explore More1. Section 37—Obligation of parties to contracts Overview: A contract is an agreement enforceable by law, consisting of reciprocal promises. Performance of these promises or […]
Explore MoreSection 24: Agreement void, if considerations and objects unlawful in part 1. Basics: An agreement is void if any part of the consideration or object […]
Explore MoreSection 10: What agreements are contracts Definition of Contract Basic Criteria for a Contract: Free Consent: Both parties must agree without coercion, undue influence, fraud, […]
Explore More1. Section 3: Communication, Acceptance, and Revocation of Proposals The communication of proposals, acceptance of proposals, and the revocation of proposals and acceptances are deemed […]
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