Law of Contract I
Dr. Bhimrao Ambedkar Law University, Jaipur · LL.B. Semester 1 · 1.3
Unit I — Definition and Classification of Contracts
1.1 Meaning elements and characteristics of Contract · 1.2 Formation and Classification of Contract: Deeds and Simple Contracts, Bilateral and Unilateral Contracts, Express and Implied Contracts, Valid, Void, Voidable and Illegal Contracts, Executed and Executory Contract · 1.3 Offer and Invitation to Offer, Communication of Offer and Revocation of Offer · 1.4 Acceptance, Communication of Acceptance and Revocation of Acceptance · 1.5 Standard form of Contract and e-Contracts
Unit II — Consideration
2.1 Consideration: Meaning, Definition and Elements of Consideration; Significance and Adequacy of consideration; Privity to Contract; Kinds and Exceptions of Consideration. · 2.2 Capacity to Contract: Minors, Lunatics, Idiots, Nature and Effects of an Agreement with a person under legal disability. · 2.3 Free Consent: Factors vitiating free consent; Coercion; Undue Influence; Fraud; Misrepresentation; Mistake of Law and Fact. · 2.4 Limitation on freedom of Contract: Unlawful Agreements, Public Policy, Agreements and Unlawful Consideration in Part and Objects. · 2.5 Agreement without Consideration, Agreement in Restraint of Marriage, Agreement in Restraint of Trade, Agreement in Restrain of Legal Proceeding, Wagering Agreement
Unit III — Contingent Contract
3.1 Contingent Contract: Performance of Contingent Contract, Conditional Contract, when enforcement depends upon happening or non-happening of an Event, Event linked with Human Conduct. · 3.2 Performance of Contract: Parties to perform the contract, Joint rights and joint liability and performance of reciprocal promises; Time, Place and Manner of Performance; · 3.3 Discharge of a Contract: Discharge by Performance, Discharge by Agreement, doctrine of impossibility; Discharge by Operation of Law, Discharge by Breach and Novation. · 3.4 Quasi Contracts: Obligations Resembling those Created by Contract, Concept and Classification. · 3.5 Remedies for Breach of Contract: Damages, Remoteness of Damages, Mitigation of Damages, Penalty and Liquidated Damages
Unit IV — Specific Relief Act, 1963
4.1 Meaning of Specific Relief, Specific Performance of Contracts, · 4.2 Contracts which cannot be specifically enforced, against whom contracts may be specifically enforced, · 4.3 Injunction and its kinds · 4.4 Declaratory Suits · 4.5 Rescission and Cancellation of Contract; Discretion of Court.