The revocation of proposal means the cancellation of the proposal. When the proposal takes back his offer, the proposal is said to be revoked. According

What are the essentials of a valid offer or proposal? As we know that proposal (offer) is the starting point of a contract. When one

Proposal (offer) is the starting point of a contract. When one wants to enter into a contract, he makes someone proposal to another. Let’s see

As we know that the cancellation of proposal means the cancellation of the proposal. When the proposal takes back his offer, the proposal is said

What is Breach of Contract? Breach of contract means the volition of the parties while performing the contract. When any one of the contracting parties

What is Discharge of Contract in business law? Discharge of contract means to get free from the obligation and rights created by law under a

Every contract is a valid contract unless it is not voidable, void or unenforceable by law. Are you up for looking what is valid contract

Generally, a contract is made with an offer and its acceptance. But there are some cases where the law imposed the obligations of a contract

What is contingent contract in business law? A contingent contract has been defined under section 31 as follows: “A contingent contract is a contract to

What is Void Contract? An agreement which is not enforceable by law is said to void. These are the agreements which do not create a