Contract Law

The method of acceptance in Contract Law can be expressively stated in writing or verbally or implied through action or conduct. In order for acceptance to be reasonable, certain conditions must be met. These are mutual assent, adequate consideration in a contract, capacity, and legality.

Contractual obligations are the norms that everyone commit to when they sign a contract. The most common types of contractual responsibilities include timelines, delivery, performance obligations, payment terms, penalties, termination terms, non-compete and non-disclosure obligations.

Contract Law is one of the most important legal concepts in the world of business. Contracts are the ones that determine everything from hiring to how companies work together to how sales are made. The problem is that while contract law is dense and complex, it's also fundamental to contract management.

Hence, we need to study contract law to understand various roles and responsibility. 

Some of the types of Contract Law are valid contracts, voidable contracts, agreements or void contracts, illegal contracts, and enforceable contracts. And based on the formation, the types of contracts are express contracts, quasi-contract, implied contracts, and E-contract.

Currently, there is only one college that provides Contract Courses in India i.e. Government Institute of Forensic Science. Moreover, you can consider pursuing Diploma or certificate courses for Contract Law courses.

The main functions of the Contract Law are the following stated below :

1. Resolving disputes
2. Facilitating commerce
3. Encouraging fair dealing
4. Establishing a legal framework
5. Acceptance 
6. Consideration
7. Consent
8. Capacity to Contract 
9. Intention to create legal relation

Below are some of the common law exams:

NOTE: This information is sourced from the official website of the institute/exam.

Hi,

Both Contract Law and Property Law concern people and things. However, they differ in the focuses and their purposes:

Choosing the best contract law book can be subjective and depends on your level of experience, learning style, and specific interests within contract law.

But still, here are three highly regarded options, each with its own strengths: 

• R.K. Bangia's Law of Contract for beginners
• Avtar Singh's Law of Contract & Specific Relief for a contemporary and practical approach
• Pollock & Mulla on Indian Contract and Specific Relief Acts for intermediate to advanced learners