Basics 2 min read
Types of Acceptance
· Expressed Acceptance If the acceptance is written or oral, it becomes an Expressed Acceptance. Example ‘A’ offers to sell his…
THE ARTICLE LIBRARY
All stories.
Ideas and explainers from across SenseCentral.
Basics 3 min read
Difference between General Offer and Specific Offer
General Offer Specific Offer General Offer is made to the whole world…
Basics 5 min read
Offer and Acceptance Under Indian Contract Act, 1872
Contracts play an important role in our everyday life ranging from insurance policies to employment contracts. In Fact, we enter…
Basics 4 min read
Contingent Contract
Basing on the presence or absence of Conditions, Contracts can be classified into two groups namely; Absolute Contracts and Contingent…
Basics 3 min read
Stranger to Contract
Stranger to Contract cannot sue upon the Contract – Stranger to Contract means a person who is not a party…
Basics 4 min read
Essentials of Consideration
Presence of consideration is one of the requisites of Valid Contract. Consideration must be of two directional nature. That means…
Basics 7 min read
Consideration in Contract
No Consideration, No Contract To attain Validity and to create legal relations, the Contract should be with two directional consideration.…
Basics 4 min read
The difference between an agreement and a contract
The terms “agreement” and “contract” are used interchangeably, but legally speaking, they are two different things. An agreement is simply…
Basics 2 min read
Revocation of Offer
Indian Contract Act provides for revocation of the offer. The offer can be revoked as per section 5 of the…
Basics 6 min read
Features of Valid Contract
Features of Valid Contract can be clearly known under the heads Consensus ad idem, Certainty, Free Consent, Capacity of Parties,…
