CLAT Legal-Aptitude Contract Law Revision (Page 1 of 5)

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Offer and Invitation to Treat (Offer)

An ‘offer’ is the final commitment of an offerrer that he is ready and will now be bound by his offer. Sometimes it happens that a person does not directly sells his goods, but invites people to buy his goods… (160 more words) …

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Essential Conditions of a Valid Offer (Proposal)

  1. The person must express his willingness to do certain thing or not to do certain thing to get the consent of other. An offer is when you do something to get other’s consent. When a person shows only a probability… (441 more words) …

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Void Agreements

An agreement which the law cannot enforce to be carried out is void agreement. Some agreements that law has expressly or specifically declared as void under Indian Contract Act.

  • Agreement which are uncertain and ambiguous.
  • Agreement without consideration.
  • Agreement by… (33 more words) …

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Disqualified Persons

Those persons whom the law does not allow to make any law. e. g. , alien enemies, foreign sovereigns and ambassadors, convicts etc.

Limitation on Freedom of Contract

For a contract to be valid, it is necessary that the object offered and the consideration offered for it are lawful. If any of it is opposed by law, it may be unlawful or void. The ‘Object’ and ‘Consideration’ may… (260 more words) …

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