Capacity, in Contract Act 1872

Contract Law, Capacity-01

What is the capacity to contract? The primary element of valid partnership contract is the contract capability or eligibility to partners to form a business contract agreement. The capacity to contract here means the legal ability of an individual or an entity to enter into a partnership. According to Contract Law, the partner must be … Read more

What is contract law simple definition, Law of contract Notes

Introduction Contracts have always been an essential part of our lives. Knowingly or unknowingly, we enter into a contract hundreds of times in our daily life. Even when we buy something, we entering into an agreement with the shopkeeper.  Every time we visit any restaurant or book a cab, we are entering into a contract. … Read more