Law of Contract-1

Babasaheb Bhimrao Ambedkar University · LL.B. Semester 1 · LB-102

Unit I

1. Meaning and nature of Contract · 2. Offer/Proposal · i. Definition · ii. Communication · iii. Revocation · iv. Types · v. Invitation to offer · 3. Acceptance · i. Definition · ii. Communication · iii. Revocation · iv. Tenders/ Auctions

Unit II

1. Consideration · i. Definitions · ii. Essentials · iii. Privity of Contract · 2. Capacity to enter into a Contract · i. Minor’s Position · ii. Nature/ effect of minors agreements

Unit III

1. Validity, discharge and performance of contract · i. Free Consent · ii. Coercion, undue influence, Misrepresentation, fraud Mistake · iii. Unlawful consideration and object · iv. Effect of void , voidable, valid , illegal, unlawful, uncertain agreement · v. Discharge of contract · vi. Performance of Contract · vii. Time and place of performance · viii. Impossibility of performance and Frustration · ix. Breach of Contract Anticipatory & Present

Unit IV

1. Remedies · i. Damages · a) Kinds · b) Remoteness of Damages · ii. Injunction · iii. Specific Performance · iv. Quantum Merit · v. Quasi contract Acts · 1. Contact Act 1872 · 2. The Specific Relief Act 1963