When the performance of the contract becomes impossible, the purpose, which the parties have in mind, is frustrated. If the performance...

Different kinds of damages. Damages may be of four kinds: 1. Ordinary or General or Compensatory damages (i.e., damages arising naturally...

2(g)- Void agreement is an agreement which is not enforceable by Law – void – ab – inito. (1) Agreement by or with person’s incompetent...

An agreement between two persons under which money or money’s worth is payable by one person to another on the happen or non happening of...

According to Section 12: A person is said to be of sound mind for the purpose of making a contract if, at the time when he makes it, he...

According to Section 31, a “contingent contract “is a contract to do or not to do something, if some event, collateral to such contract,...

Under Section 10 of the Contract Act requires that the parties must be competent to contract. Sec.11 defines who are competent to...

“All agreements are contracts, if they are made – by free consent of the parties, competent to contract, for a lawful consideration and...

1. Who is competent to make a contract:- Section 11. Every person is competent to contract who is of age of majority according to the...