Nature And Essentials of Contract

In Commercial and Business Agreements the Assumption is that the Parties Proposed to Make Legitimate Obligations

In Commercial and Business Agreements the Assumption is that the Parties Proposed to Make Legitimate Obligations?

Agreement. Deliberate to make lawful relations “An agreement enforceable by law could be a contract.” This definition is given by Segment 2(h) of the Contract Act. This definition involves two particular elements: Agreement Enforceable by law, i.e., the commitment of the parties. 1.The primary component, i.e., ‘agreement’ could be a much wider term and does …

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