Contract Law

📌 Table of Contents Definition of Consideration – Section 2(d) Essentials of Valid Consideration Types of Consideration Section 25: Exceptions to the Rule “No Consideration, No Contract” Definition of Consideration – Section 2(d) According to Section 2(d) of the Indian Contract Act, 1872: “When at the desire of the promisor, the promisee or any other […]

Table of Contents Proposal or Offer Essentials of Valid Proposal Types of Offers Communication of Offer Revocation of Offer Acceptance Communication of Acceptance Revocation of Acceptance Agreement Contract Proposal or Offer – Section 2(a) Definition: “When one person signifies to another his willingness to do or to abstain from doing anything, with a view to