Express contract vs implied contract
An interesting question that we must tackle is to understand what is…
Formation of an express contract
To form an express contract, the required components are the standard contract…
EXPRESS CONTRACT
An express contract is a legally binding agreement, the terms of which…
Offer And Its Types Under Indian Contract Act, 1872
Indian Contract Act was commenced in the year 1872 and since then,…
Distinction / Difference between General offer and Specific offer
Offer to a specific person or group are known as specific offer…
Essentials of a Valid Offer – CA Foundation Business Law
Introduction As we know, that an offer is the first step to…
Meaning & Types of an offer – CA Foundation Business Law
Meaning of Offer In general terms, offer means giving a proposal to…
Legal Rules and Conditions for Acceptance
· Acceptance must be absolute and unqualified The offeree’s approval cannot be conditional.For…
Types of Acceptance
· Expressed Acceptance If the acceptance is written or oral, it becomes an…
Difference between General Offer and Specific Offer
General Offer Specific OfferGeneral Offer…


