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Learn Complete Indian Contract Act 1872 in 360 Minutes
Rating: 4.5 out of 5(17 ratings)
90 students

Learn Complete Indian Contract Act 1872 in 360 Minutes

Be a Master of the Business Contracts
Created byNirmal Dwivedi
Last updated 12/2022
English

What you'll learn

  • The Basics of the Indian Contract Act 1872
  • The Essentials of a Valid Contract
  • The provisions of law with respect to the Performance and Discharge of Contract
  • The different types of agreements and contracts
  • To realise the consequences of failure to perform a promise
  • To claim the remedies for breach of contract
  • To know the provisions of law with the contract of guarantee, agency, indemnity, etc.

Course content

6 sections24 lectures6h 31m total length
  • Introduction5:07
  • What is a Contract?21:09

    What do we do when it comes to business?

    Aren't we simply entering into different types of contracts with different people day in and day out?

    So, it becomes important for us to understand the provisions of the Indian Contract Act 1872 that governs contracts and agreements.

  • Classification of Contracts15:58
  • Essentials of a Valid Contract18:53
  • Offer & Acceptance25:26
  • Communication & Revocation of Offer & Acceptance8:44

Requirements

  • The basic requirement is to have the will to learn
  • A phole/laptop/computer/pc/tablet/etc.
  • An internet connection

Description

Indian Contract Act is the foundation for any business deal or agreement. This covers the Indian Contract Act in detail from the very basic to the advanced level. The course is designed to help students from the courses like Bcom/BA/BBA/BMS/MBA/CA/CS/CMA/ICWA etc. The entire business law is covered over here with the study material attached in the form of PDFs and PPTs.

Mercantile law is a combination of various laws and principles of individuals having legal knowledge to resolve various issues in the company. But in 1872, all these laws are joined and termed mercantile law and from then several acts are formed respectively such as the Indian contract act, the company act, the limitations act, etc

Section 2(e), “Every promise and every set of promise forming consideration for each other is called an agreement”

In Simple words, Agreement means promises made between the parties forming consideration

The course covers the following topics:

  • What is a Contract?

  • What is an Agreement?

  • When does an agreement constitute to be a contract and when not?

  • What are the various essentials of a valid contract?

  • What are the different types of contracts?

  • Who are the parties capable to enter into a contract?

  • When is the Consent of the parties said to be free?

  • What constitutes the performance of the contract?

  • How do parties get discharged from a contract?

  • what happens if there is a breach of contract?

  • what are the remedies for breach of contract?

  • What is a Contingent Contract?

  • Some special contracts like Agency, Indemnity, Guarantee, etc.

Who this course is for:

  • Students of BCom/BBA/BMS/BA/Any Undergraduate Course - Commercial Law/Business Law / Mercantile Law
  • CA Foundation Students
  • BCom LLB/ BBA LLB Students
  • Any Professional Exam with Business Law Subject