Essential elements of a valid contract (Section 10 of the Indian Contract Act)
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- เผยแพร่เมื่อ 19 ส.ค. 2024
- In this video, we have discussed the essential elements of a valid contract. Section 10 of the Indian Contract Act talks about essential elements of a valid contract.
Section 10 of the Indian Contract Act says, “all agreements are contracts if they are made by the free consent of the parties competent to contract, for a lawful consideration and with a lawful object and are not expressly declared to be void”.
As given by Section 10, there are 6 essential elements. Which are:
1. Agreement
2. Free consent
3. Competency of the parties
4. Lawful consideration
5. Legal object
6. Not expressly declared to be void
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6: Not expressly declared to be void or agreement expressly declared to be void. Which one is correct?
Still confused.
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Sar Agar Humse poochha gaya hai ki Essential elements of a contract to bhi Hme essential element of valid contract likhane Honge.....
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But u told in the last video that proposal+acceptance= promise.
But in this video ur saying offer+acceptance =agreement
But proposal and offer are almost the same
Can u clarify this query
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Thankyou❤️
You’re welcome! Please keep supporting us and keep sharing our videos if you find them useful.
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You are welcome Manjula...!! Please share the word about our channel and we will try to cover as many topics as possible.
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