Team Lexibal

Follow:
1148 Articles

Contract of Agency

A Contract of Agency is a legal relationship where one person, called the agent, is authorized to act on behalf…

Team Lexibal

Contract of Bailment and Pledge

These are special kinds of contracts dealing with delivery of goods. Both bailment and pledge involve transfer of possession (not…

Team Lexibal

Contract of Indemnity and Guarantee

Both contracts deal with compensating loss and securing performance of an obligation, but they are distinct in nature and legal…

Team Lexibal

Quasi Contracts

Quasi contracts are not real contracts formed by mutual consent, but obligations imposed by law to prevent unjust enrichment of…

Team Lexibal

Breach of Contract and Remedies

Under the Indian Contract Act, 1872 Breach of Contract A breach occurs when one party fails to perform their contractual…

Team Lexibal

Performance and Discharge of Contract

I. Performance of Contract Performance refers to the fulfillment of obligations by the parties as agreed in the contract. 1.…

Team Lexibal

Void and Voidable Agreements

The Indian Contract Act classifies agreements into valid, void, voidable, and illegal. The distinction between void and voidable agreements is…

Team Lexibal

Legality of Object and Consideration

Under Section 23 of the Indian Contract Act, 1872, a contract is valid only if its object and consideration are…

Team Lexibal

Free Consent – Indian Contract Act, 1872

Definition and ImportanceFor a contract to be valid under Section 10 of the Indian Contract Act, 1872, it must be…

Team Lexibal

Capacity to Contract

Legal Framework: Section 11 of the Indian Contract Act, 1872 Introduction In order to enter into a valid contract, it…

Team Lexibal