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Understanding Laws– Contracts

Understanding Laws– Contracts

          
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About the Book

UNDERSTANDING LAWS: Contracts is a part of the Understanding Laws series which aims to make laws accessible to everyone. It is an innovative attempt to make the complex and technical legal jargons and provisions simpler using practical situations which one may encounter in their daily lives. The book consists of ten chapters, each dealing with a specific area provided under the Indian Contract Act, 1872. It discusses in a precise and simplified manner, the practicalities of law of contract, with relevant illustrations and a chapter on drafting of a contract including relevant clauses. Essentials of contract, validity, flaws in consent, breach and remedies have been elaborated in such a way that all readers, with or without background of law would be able to grasp the core ideas involved. The book is an invaluable source of knowledge on the basics of contracts, how to formulate and deal with various contractual transactions not only in complex business situations but also in day to day dealings. The book is a must have for all citizens, including law students and those intending to join law schools.

Table of Contents:
Preface v Introduction 1 Increasing Scope of Contracts 1 Structure of the Book 2 How to make best use of the Book? 3 1. What is a contract? 5 Defi nition of a Contract 5 Basic Requirements of a Contract 6 Two Parties 6 An Agreement 6 An Obligation 7 Examples 8 Difference between a Contract and an Agreement 9 viii Contents Page 2. Essentials of a Valid Contract 11 Essential Elements of a Valid Contract 11 Offer and Acceptance 12 Specifi c and General Offer 13 Invitation to Offer 14 Offer and Statement of Intention to Offer 14 Essentials Requirements of a Valid Offer 15 Lapse of Offer 15 Revocation of Offer by the Offeror 16 Standing Offers 16 Tickets 17 Acceptance 17 Rules Governing Acceptance 17 Communication of Offer and Acceptance 18 Contracts by Post 19 Contracts over the Telephone 20 Contracts by Email 20 Intention to Create Legal Relationship 21 Competence to Contract 22 Minor’s Contract 23 Lunatic’s Agreement (Section 2) 25 Persons Disqualifi ed from Entering into Contract 25 Alien Enemies 26 Foreign Sovereigns and Ambassadors 26 Professional Persons 26 Corporations 26 Married Women 27 3. Free Consent 29 Free Consent 29 Flaws in Consent 30


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Product Details
  • ISBN-13: 9789351431954
  • Publisher: Lexis Nexis
  • Binding: Paperback
  • Language: English
  • ISBN-10: 9351431959
  • Publisher Date: 2014
  • Edition: 1st
  • No of Pages: 166


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