Company Law

Offer When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal. – Section 2(a) Contract Act Parties Offeror: Person making an offer Offeree: Person to whom the […]

Contract An Agreement enforceable by law is a contract – 2 (h) Contract Act A contract is an agreement creating and defining obligations between the parties – Salmon Two Major Components of Contract An Agreement Enforceable by law What is Agreement? Every promise and every set of promises forming the consideration for each other is […]