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PROFESSIONAL PRACTICE -2
ABOUT CONTRACT
A written or a spoken agreement that is intended to
be enforced by law.
A promise or a set of promises the law will
enforce.
The rights and obligations are created by the acts
of agreement between the parties.
HOW IS A CONTRACT MADE?
According to the Indian Contract Act 1972,
A Promisee ( Owner or Employer)
A Promiser ( Contractor)
Nature of excavation