Key Concepts of Indian Contract Act

Key Concepts of Indian Contract Act

Assessment

Flashcard

Other

12th Grade

Easy

Created by

Ms. BBA

Used 1+ times

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Definition of Contract

Back

Agreement enforceable by law

2.

FLASHCARD QUESTION

Front

Essentials of a Valid Contract

Back

Offer, Acceptance, Consideration, Capacity, Legality

3.

FLASHCARD QUESTION

Front

Offer

Back

Proposal by one party to another

4.

FLASHCARD QUESTION

Front

Acceptance

Back

Assent to the offer

5.

FLASHCARD QUESTION

Front

Consideration

Back

Something of value exchanged

6.

FLASHCARD QUESTION

Front

Capacity to Contract

Back

Legal ability to enter a contract

7.

FLASHCARD QUESTION

Front

Free Consent

Back

Consent not caused by coercion, undue influence, fraud, misrepresentation, or mistake

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