Counter Offer
Counter Offer Counter Offer was given in response to an offer. It is a proposal that is made as a result of an undesirable offer.…
Business
A contract is an agreement enforceable by law – explanation
A contract is an agreement enforceable by law – In our regular day to day life, we make several comments and statements. We say several…
Past Consideration is no consideration – Logic Justification
Past Consideration is no consideration – Consideration is the foundation of every contract. The law enforces only those promises which are made for consideration. Where…
Important Remedies for Breach of Contract
Important Remedies for Breach of Contract A breach of contract is a violation of any of the agreed-upon terms and conditions of a binding contract.…
Bailment – Definition and Features
A bailment is a delivery of goods one person to another for some purpose upon a contract that they shall be returned or otherwise disposed…
Difference between Indemnity Contract and Guarantee Contract
A contract where one party promises to save the other from any loss caused to him by the conduct of promisor himself or any other…
Types of Considerations with an example
Consideration in contract law is simply the exchange of one thing of value for another. Without consideration, a contract cannot be enforced or is otherwise…
Distinguish between Fraud and Misrepresentation
The basic difference between misrepresentation and fraud is that in fraud the person making the representation does not himself believe in the truth of the…
An agreement without consideration is void – explain
An agreement without consideration is void – Consideration in contract law is simply the exchange of one thing of value for another. Without consideration, a…
Breach of Contract
Breach of Contract A breach of contract is a violation of any of the agreed-upon terms and conditions of a binding contract. A business contract…
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