📝 One-liners · 65 cards
Meaning and Essentials of a Contract
What is the definition of a contract under the Indian Contract Act, 1872?
A contract is an agreement enforceable by law. Section 2(h) of the Indian Contract Act defines it as every agreement made between two or more parties with free consent, competency, lawful consideration, and lawful object.
What is the legal meaning of 'consensus ad idem' in contract law?
Meeting of minds on the same thing in the same sense
Which Section of the Indian Contract Act, 1872 defines the term 'agreement'?
Section 2(e) defines an agreement as 'every promise and every set of promises forming the consideration for each other.' An agreement is the foundation of a contract.
Which section of the Indian Contract Act defines a 'contract'?
Section 2(h) defines a contract as enforceable agreement
🔒
Unlock 65 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for Meaning and Essentials of a Contract.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days