Tag: acceptance under contract law
REVOCATION (Section 5 Indian Contracts Act)
Megha Jain 02/11/2022
A contract becomes valid when there is an offer and acceptance of that offer. And there are various other requirements which are to be fulfilled , as free consent, competency lawful consideration. Consensus ad idem which means meeting of the minds for the formation of a contract is also an essential
Hargopal vs People’s Bank of Northern India Ltd |Explained!
LEGAL LOCK ADMIN 25/01/2022
The case deals with the acceptance of the subsequent condition. The term “condition” is used broadly in contract law, and it is used commonly associated with “terms,” “condition,” or “clause.”