Indian Contract Act is the foundation for any business deal or agreement. This covers the Indian Contract Act in detail from the very basic to the advanced level. The course is designed to help students from the courses like Bcom/BA/BBA/BMS/MBA/CA/CS/CMA/ICWA etc. The entire business law is covered over here with the study material attached in the form of PDFs and PPTs.
Mercantile law is a combination of various laws and principles of individuals having legal knowledge to resolve various issues in the company. But in 1872, all these laws are joined and termed mercantile law and from then several acts are formed respectively such as the Indian contract act, the company act, the limitations act, etc
Section 2(e), “Every promise and every set of promise forming consideration for each other is called an agreement”
In Simple words, Agreement means promises made between the parties forming consideration
The course covers the following topics:
What is a Contract?
What is an Agreement?
When does an agreement constitute to be a contract and when not?
What are the various essentials of a valid contract?
What are the different types of contracts?
Who are the parties capable to enter into a contract?
When is the Consent of the parties said to be free?
What constitutes the performance of the contract?
How do parties get discharged from a contract?
what happens if there is a breach of contract?
what are the remedies for breach of contract?
What is a Contingent Contract?
Some special contracts like Agency, Indemnity, Guarantee, etc.