Law of Contracts

Meaning, Definition and Kinds of Quasi Contracts

Introduction - Chapter -V, Section 68 to Section 72 of the Indian Contract Act, 1872 speaks about "Quasi-Contract or Certain relation…

Meaning and Definition of Partnership - Partnership is a special kind of Contract. Section 4 of the Indian Partnership Act 1932 define…

1) What is Declaratory Decree - A declaratory decree is a decree declaring the right of the plaintiff. Declaratory judgment is a judgement which…

Meaning of voidable contract - A voidable contract is something different and peculiar. One of the parties to the contract alone will …

What is Liability Liability is the result of a violation of the law. The law awards legal rights to one individual and imposes the duty up…

What is Liability - Liability is the result of a violation of the law. Law lays down is down the right and duties on the individual. The l…

Introduction - Agreements create rights and duties. An agreement constituent the best evidence of justice between the parties and sho…

No Transferability Negotiability 1 Transferability is …

What is Bill of Exchange? Section 3(1) of the Bill of Exchange, Act 1882 defines - Bill of exchange is an unconditional order in writing, a…

No Coercion Duress 1) Meaning – …

1) Meaning of Quantum meruit : The phrase "Quantum meruit" literary means as much as earned or as much as is merited. When a pe…

1) Introduction Assignment of contract means the transfer of contractual rights and liabilities under the contract to a third party with…

1) Introduction - Meaning and Definition of Promissory Note - Negotiable Instrument Act defines promissory note, According to Sec…