Meaning of Contract, Nature and Scope of Contract
What is the meaning of contract? Meaning of Contract: - A contract means an agreement, which is enforceable by law. An agreement consists of reciprocal (mutual) promises between the two…
Capacity to enter into a Contract
What is the capacity to enter into a contract? Meaning of Capacity to Enter into a Contract: - Capacity to enter into contract means the competency to enter into a valid…
Invalid Contract: Coercion, Undue Influence, Fraud, Misrepresentation and Mistake
What is an Invalid Contract? Meaning of Invalid Contract: - The Invalid contract is an agreement which is not enforceable by law when it lacks essentials of a valid contract.…