Contract Law Notes
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Contract Law Basics
Offer and Acceptance
Sub Topic Offer and Proposal Essentials of a Valid Offer Types of Offer General Offer Specific Offer Standing Offer Cross Offer Counter Offer Invitation to Offer Communication of Offer Revocation of Offer Lapse of Offer Acceptance Essentials of Valid Acceptance Communication of Acceptance Revocation of Acceptance Acceptance by Conduct Acceptance of General Offer Conditional Acceptance Postal Rule of Acceptance Silence as Acceptance Tender and Offer
Consideration
Sub Topic Consideration Essentials of Consideration Types of Consideration Past Consideration Present Consideration Future Consideration Adequacy of Consideration Sufficiency of Consideration Privity of Contract Privity of Consideration Exceptions to Privity of Contract Exceptions to Consideration No Consideration, No Contract
Capacity to Contract
Sub Topic Capacity to Contract Minor’s Agreement Minor’s Liability Minor’s Liability for Necessaries Minor as Beneficiary Minor and Restitution Minor’s Liability in Tort Persons of Unsound Mind Persons Disqualified by Law
Free Consent
Sub Topic Free Consent Coercion Undue Influence Fraud Misrepresentation Mistake Mistake of Fact Mistake of Law Bilateral Mistake Unilateral Mistake Fraud vs Misrepresentation Coercion vs Undue Influence Undue Influence vs Fraud
Legality and Void Agreements
Contingent and Quasi Contracts
Sub Topic Contingent Contracts Essentials of Contingent Contract Enforcement of Contingent Contracts Contingent Contract vs Wagering Agreement Quasi Contracts Nature of Quasi Contracts Supply of Necessaries Payment by Interested Person Non-Gratuitous Acts Finder of Goods Money Paid by Mistake or Coercion
Sub Topic Performance and Discharge of Contract Actual Performance Attempted Performance Tender of Performance Who Must Perform a Contract Joint Promises Reciprocal Promises Time and Place of Performance Appropriation of Payments Discharge by Performance Discharge by Mutual Agreement Novation Rescission Alteration Remission Discharge by Impossibility Discharge by Lapse of Time Discharge by Operation of Law Discharge by Breach
Frustration and Impossibility
Breach and Remedies
Sub Topic Breach of Contract and Remedies Actual Breach Anticipatory Breach Anticipatory Breach vs Actual Breach Remedies for Breach of Contract Damages for Breach of Contract Ordinary Damages Special Damages Exemplary Damages Nominal Damages Liquidated Damages Penalty Liquidated Damages vs Penalty Remoteness of Damages Mitigation of Damages Quantum Meruit Specific Performance as Contract Remedy
Contract of Indemnity
Sub Topic Contract of Indemnity Essentials of Contract of Indemnity Rights of Indemnity Holder Rights of Indemnifier Indemnity vs Guarantee
Contract of Guarantee
Sub Topic Contract of Guarantee Essentials of Guarantee Surety Principal Debtor Creditor Consideration for Guarantee Continuing Guarantee Revocation of Guarantee Discharge of Surety Rights of Surety Rights of Creditor Co-Sureties
Contract of Bailment
Sub Topic Contract of Bailment Essentials of Bailment Duties of Bailor Duties of Bailee Rights of Bailee Rights of Bailor Finder of Goods Termination of Bailment
Contract of Pledge
Sub Topic Contract of Pledge Essentials of Pledge Rights of Pawnee Rights of Pawnor Pledge by Non-Owner Pledge vs Bailment
Contract of Agency
Sub Topic Contract of Agency Creation of Agency Express Agency Implied Agency Agency by Necessity Agency by Estoppel Agency by Ratification Authority of Agent Duties of Agent Rights of Agent Principal’s Liability Sub-Agent Termination of Agency
Sale of Goods Act, 1930
Negotiable Instruments Act, 1881
Sub Topic Negotiable Instruments Act, 1881 – Overview Negotiable Instrument Promissory Note Bill of Exchange Cheque Promissory Note vs Bill of Exchange Bill of Exchange vs Cheque Holder Holder in Due Course Holder vs Holder in Due Course Negotiation Endorsement Types of Endorsement Crossing of Cheques Types of Crossing Dishonour of Negotiable Instruments Notice of Dishonour Discharge of Negotiable Instruments Presumptions under NI Act Section 138 of NI Act Cheque Bounce Legal Notice under Section 138 Section 139 of NI Act Defences in Cheque Bounce Cases Liability of Drawer Compounding of Offence under Section 138
Partnership Act, 1932
Limited Liability Partnership
Sub Topic Limited Liability Partnership (LLP) Features of LLP LLP vs Partnership LLP vs Company Incorporation of LLP Designated Partners Rights and Duties of LLP Partners Liability of LLP Partners Conversion into LLP Winding Up of LLP
Modern Contract Law
Sub Topic E-Contracts Online Contracts Click-Wrap Agreements Browse-Wrap Agreements Shrink-Wrap Agreements Electronic Signatures Validity of Online Contracts Electronic Offer and Acceptance Online Consumer Contracts Smart Contracts Smart Contracts and Indian Law AI-Generated Contracts Digital Agreements