SRD Law Notes

law of Contract

What is a Contract? Meaning and Definition of Contract

What is Contract The word contract is derived from the Latin word contractum meaning drawn together. It, therefore, denote…

Meaning and Definition of "Negotiable instrument" - According to section 13 of the negotiable instrument Ac…

Introduction - Section 14 to Section 17 of the Sale of Goods Act, 1930 (SOGA) deals with the provisions relating…

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

No Transferability Negotiability 1 …

1) Meaning of Quantum meruit : The phrase "Quantum meruit" literary means as much as earned or as much a…

1) Introduction - Meaning and Definition of Promissory Note - Negotiable Instrument Act defines promisso…

1) Introduction : Damages means compensation for the loss suffered by the aggrieved party in a breach …

1) Introduction: Breach of Contract means "non-observance of a contractual obligation", or failure …

1) Breach of Contract : Breach of contract means failure to perform the contractual obligation by either of the …

1) Introduction A contract is said to be discharged when the obligations created by it come to an end. In o…

Introduction According to Section 11 of the Indian Contract Act 1872, Persons of unsound mind are not compe…

The expression 'Guarantee' literally means "assurance given by one person to another at the default of …

'Breach of Contract' means failure to perform the Contract and 'Remedy' which means any of the…