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  • 41280060-Muhammed Anas Asraf K (Business Law)

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    Muhsin Musii
    1 views3 pages
    The document discusses the essential elements of a valid contract under Indian contract law, including that there must be an offer and acceptance between lawful parties, consideration in the form of rights and obligations, and an intention to create legal relations. It defines a contract as an agreement enforceable by law that is created by mutual assent of parties who intend to be legally bound. The purpose of a contract is to create obligations and duties between the parties to the agreement.

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    The document discusses the essential elements of a valid contract under Indian contract law, including that there must be an offer and acceptance between lawful parties, consideration in the form of rights and obligations, and an intention to create legal relations. It defines a contract as an agreement enforceable by law that is created by mutual assent of parties who intend to be legally bound. The purpose of a contract is to create obligations and duties between the parties to the agreement.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    1 views3 pages

    41280060-Muhammed Anas Asraf K (Business Law)

    Uploaded by

    Muhsin Musii
    The document discusses the essential elements of a valid contract under Indian contract law, including that there must be an offer and acceptance between lawful parties, consideration in the form of rights and obligations, and an intention to create legal relations. It defines a contract as an agreement enforceable by law that is created by mutual assent of parties who intend to be legally bound. The purpose of a contract is to create obligations and duties between the parties to the agreement.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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