Basics
Express contract vs implied contract
An interesting question that we must tackle is to understand what is the difference between express and implied…
August 27, 2021 · Taylor EmmaAuthor: Taylor Emma
A senior editor for The Mars that left the company to join the team of SenseCentral as a news editor and content creator. An artist by nature who enjoys video games, guitars, action figures, cooking, painting, drawing and good music.
Basics
Formation of an express contract
To form an express contract, the required components are the standard contract formation requirements. For a contract to…
August 27, 2021 · Taylor EmmaBasics
EXPRESS CONTRACT
An express contract is a legally binding agreement, the terms of which are all clearly stated either orally…
August 27, 2021 · Taylor EmmaBasics
Offer And Its Types Under Indian Contract Act, 1872
Indian Contract Act was commenced in the year 1872 and since then, several deductions and additions have happened…
August 27, 2021 · Taylor EmmaBasics
Distinction / Difference between General offer and Specific offer
Offer to a specific person or group are known as specific offer whereas Offers to public are known…
August 27, 2021 · Taylor EmmaBasics
Essentials of a Valid Offer – CA Foundation Business Law
Introduction As we know, that an offer is the first step to make a contract. But whether all…
August 27, 2021 · Taylor EmmaBasics
Meaning & Types of an offer – CA Foundation Business Law
Meaning of Offer In general terms, offer means giving a proposal to another person for getting his acceptance…
August 27, 2021 · Taylor EmmaBasics
Legal Rules and Conditions for Acceptance
· Acceptance must be absolute and unqualified The offeree’s approval cannot be conditional.For example, ‘A’ wants to sell her car…
August 27, 2021 · Taylor EmmaBasics
Types of Acceptance
· Expressed Acceptance If the acceptance is written or oral, it becomes an Expressed Acceptance. Example ‘A’ offers to…
August 27, 2021 · Taylor EmmaBasics
Difference between General Offer and Specific Offer
General Offer Specific Offer General Offer is made to the…
August 27, 2021 · Taylor Emma