Where The Law Is.
It must be a conditional contract, therefore it should be uncertain. This means that it is not said to be a contingent contract where the performance of the contract is dependent on an event and which is although a future event
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A contract is an agreement between two or more parties or entities from which legal protection in a prospective business deal. In the court of law, an agreement can only be protected if it is enforceable
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In a contract, there are two most important aspects of a contract and, they are offer and acceptance of the offer. But in the real world, the communication of the offer, the acceptance, and also timing are very important factors.
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Section 3 of Indian Contract Act defines that communication may be conducted through an act or omission, by which party’s intention is communicated, or which has the effect of communicating for proposals, acceptance of proposals, and revocation of proposal and acceptance.
Read more A contract is an agreement between two or more parties for doing an act or omission for consideration and which is enforced by law. Section 2(h) of the Indian Contract Act, 1872, defines the term contract as ‘An agreement which is enforceable by law is a contract
Read more Contract means when any two or more capable parties place into writing an agreement which contains some obligation which has to executed by the contracting parties, and when such agreement is enforceable by law is known as a contract. Therefore, two elements are essential to constitute agreement i.e. offer and acceptance.
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