Law of Contract-1

UNIT-1

1- History and nature of contractual obligations. 

2- Agreement and Contract – definition , elements and kinds. 

3- Proposal and Acceptance – definition , various forms and  essential elements.

4- Proposal and Acceptance – communication and revocation , proposal and invitation to treat , standing offers.

5- Consideration – its need , meaning , kinds , essential elements , nudum pactum.

6- Privity of contract and consideration – its exception. 

7- Adequacy of consideration – Present , Past and Adequate consideration.

5- Unlawful consideration and its effects. 

6- Standard forms of contract.

Unit 1 Headings .........

Law of contract 1 Unit-1 Notes will go here………

UNIT-2

1- Agreements and Capacity –  What agreements are Contracts ? , 

2- Capacity to Contract – Meaning , Incapacity arising out of Status and Mental Defect.

3- Minor’s Agreements – Definition of “Minor” , Accessories Supplied to a Minor , Agreements Beneficial  and Detrimental to a Minor , Restitution in                                                         cases of Minor’s Agreement.

4- Free Consent – its need and definition.

5 – Factors vitiating free consent – Coercion , Undue Influence , Misrepresentation , Fraud , Mistake.

   5.1 – Coercion : Definition , Essential Elements , Duress and Coercion , Doctrine of Economic Duress , Effect of Coercion.

   5.2 – Undue Influence : Definition , Essential Elements , Between Which Parties Can It Exist? , Who is to Prove Undue Influence? , Illustrations of Undue                 Influence , independent Advice , Pardanashin Women , Unconscionable Bargains , Effect of Undue Influence.

   5.3 – Misrepresentation : Definition , Misrepresentation of Law & Fact , Effect and Illustrations.

   5.4 – Fraud : Definition , Essential Elements , When Does Silence Amount to Fraud? , Active Concealment of Truth , Importance of Intention.

   5.5 – Mistake : Definition , Mistake of Law & Fact , Effect and Mistake.

Unit 2 Headings .........

Law of contract 1 Unit-2 Notes will go here………

UNIT-3

1-  Legality of objects (Section 23 , Indian Contract Act.).

2- Void Agreements – from Sections 24-30 , Indian Contract Act.

 

Unit 3 Headings .........

Law of contract 1 Unit-3 Notes will go here………

UNIT-4

1- Performance of Contracts : Meaning , Who Can Perform ? , Kinds of Performance.

2- Performance as to Time and Place.

3- Impossibility of Performance (Doctrine of Frustration) : Definition , Types , Grounds of Frustration , Effect of Frustration.

4- Discharge of Contracts : definition and modes of discharge.

5- Breach of Contract : Meaning , types of breach(Anticipatory and present) , Consequences.

6- Quasi contracts(Sections 68-72).

7- Remedies in contractual relations : Damages , Injunction , Refund and Restitution , Specific Performance

      7.1- Damages : kinds , remoteness of damages , Ascertainment of Damages.

      7.2- Injunction : when granted and when refused , why ?.

      7.3- Refund and Restitution : Meaning and when allowed.

      7.4- Specific Performance : when ? , why ?

Unit 4 Headings .........

Law of contract 1 Unit-4 Notes will go here………

UNIT-5

1- Specific Relief.

2- Specific performance of contract.

3- Contracts that Can be Specifically enforced.

4- Persons against whom specific performance can be ordered.

5- Recession and Cancellation.

6- Introduction Temporary, Perpetual and Declaratory Order. 

Acts – The Indian Contract Act ,1872 and The Specific relief Act , 1963

Unit 5 Headings .........

Law of contract 1 Unit-5 Notes will go here………

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