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283349
Characteristics of a contract
Description
Contract I Mind Map on Characteristics of a contract, created by Jay Ganesh on 16/10/2013.
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contract i
contract i
Mind Map by
Jay Ganesh
, updated 3 months ago
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Created by
Jay Ganesh
about 11 years ago
21
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Resource summary
Characteristics of a contract
2 - Agreement enforceabke by law
Agreement = offer + acceptance
Every promise or set of promises forming consideration for each other
When a person to whom the proposal is made sigfies his assent thereto, the proposal is said to be accepted
Contract = agreement + Enforceability by law
Not the whole law of agreements nor the whole law of obligations
10- Valid contract
consent
Ranganayakamma vs Alwarchetti
Competent
Mohiribibi Vs Dharmodas Ghosh
Consideration
Abdul Aziz Vs Masum Ali
Lawful object
Pearce Vs Brookes
Not void
2 or more parties
Certain
Selling house - clear
Legal formalities
Consensus Ad-Idem
Boulton Vs Jones
Intention to create legal relation
Balfour
Capable of performance
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