Tag: Section 50 of Indian contract act
A study on the Obligation of parties to perform contracts
“The term “offer” is defined under Section 2 (a) of the Indian Contract Act, 1872. Arrangement is a conditional assertion made by a person to act or refrain from showing or refusing for the sole purpose of obtaining a person’s consent to which the proposal of action or tolerance is made.”
Time and place for the performance of the promise |Law Notes
According to the Indian contract act, 1872 deals with description under section 2(h) as an agreement that is enforceable by law. It is determine that, the contract has numerous imperative essentials, which makes it a valid contract under this act.