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What is Overview of the Contract Act 1872 about?

The document discusses key aspects of contract law in India according to the Contract Act of 1872. It defines a contract as an agreement that is enforceable by law. The essential elements of a valid contract are: 1) agreement, 2) lawful consideration, 3) lawful object, 4) free consent of competent parties, 5) certainty of terms, 6) possibility of performance. A contract is made through offer and acceptance, and consent must be free of coercion, undue influence, misrepresentation or fraud.

Author

Alitariq878

Language

EN