The Indian Contract Act, 1872 is the foundational law governing contracts in India. It defines and regulates the legal principles concerning agreements, promises, and obligations between parties. Understanding this act is crucial for anyone involved in business, commerce, or legal practice in India.
This comprehensive legislation covers essential elements like offer and acceptance, consideration, capacity to contract, free consent, legality of objects, and performance of contracts. It also addresses void agreements, contingent contracts, and remedies for breach of contract.
This flashcard program systematically presents key concepts from the Indian Contract Act through carefully structured questions and answers. You'll explore legal definitions, landmark judgments, practical applications, and important sections that form the backbone of contract law in India.
