We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
2/4 steps

How Many Pages?

3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Get Offer

Indian Contract Law Introduction Essay

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

?Indian Contract Act THE INDIAN CONTRACT ACT, 1872 ACT No. 9 OF 1872 1 [25th April, 1872. ] Preamble WHEREAS it is expedient to define and amend certain parts of the law relating to contracts ; It is hereby enacted as follows – PRELIMINARY 1-Short title – This Act may be called the Indian Contract Act, 1872. Extent, Commencements. It extends to the whole of India 2*[except the State of Jammu and Kashmir]; and it shall come into force on the first day of September, 1872. Nothing herein contained shall affect the provisions of any Statute, Act or Regulation not hereby expressly repealed, nor any usage or custom of trade, nor any incident of any contract, not inconsistent with the provisions of this Act.


Don't use plagiarized sources. Get Your Custom Essay on
Indian Contract Law Introduction
Just from $13,9/Page
Get custom paper

In this Act the following words and expressions are used in the following senses, unless a contrary intention appears from the context :- (a)When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal: (b)When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted.

A proposal, when accepted, becomes a promise: (c)The person making the proposal is called the “promisor and the person accepting the proposal is called the It promise”: (d)When, at the desire of the promisor, the promisee or any other person has clone or abstained from doing, or does or abstains from doing, or promises to do or to abstain from doing, something, such Act or abstinence or promise is called a consideration for the promise : (e)Every promise and every set of promises, forming the consideration for each other, is an agreement: (f)Promises, which form the consideration or part, of the.

Considerations for each other are called reciprocal promises: (g)An agreement not enforceable by law is said to be void: (h)An agreement enforceable by law is a contract: (i)An agreement which is enforceable by law at the option of one or more of the parties- thereto, but not at the option of the other or others, is a avoidable contract: (j)A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable.

Cite this Indian Contract Law Introduction Essay

Indian Contract Law Introduction Essay. (2018, Feb 23). Retrieved from https://graduateway.com/indian-contract-law-introduction/

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page