Law of Contracts Essentials of a valid Contract
Автор: Lex Learn Academy
Загружено: 2025-12-21
Просмотров: 1
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Contract Law Lecture 1: Introduction & Essentials | Indian Contract Act 1872 - Lex Learn Academy
Master the foundational concepts of Contract Law with this complete Lecture 1! Covering the Indian Contract Act, 1872, basics, key definitions, and 7 essential elements of a valid contract. Perfect for Judiciary exams, UPSC, CA/CS and LLM students.
🎯 Key Learning Points:
Contract = Agreement + Enforceable by Law [Sec 2(h)]
7 Essentials: Agreement, Free Consent, Competency, Consideration, Lawful Object, Not Void, Intention
Minors' contracts = Void ab initio (Mohiri Bibee case)
Domestic agreements usually lack legal intent (Balfour v. Balfour)
🔔 Subscribe for Complete Contract Law Series
Specific Contracts (Indemnity, Guarantee, Bailment, Agency)
**#ContractLaw #IndianContractAct #JudiciaryExam #UPSC #LawLectures #LexLearnademy
💬 Doubts? Comment your questions below!
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