Please enable JavaScript.

Coggle requires JavaScript to display documents.

Contract (Essential Elements (Agreement, proposal and acceptance (i,…

- - - - agreements relating to social matters are not contracts :red_cross:
- - - - oral or written delcaration
    - - existence on account of the conduct and acts of the parties
  - - - enforceable at the time but later on become void due to impossibility or illegality of the contract
    - - Agreement which is enforceable by law at the option of one or more of the parties, but not at the option of the others
    - - satisfy all essentials of valid contract laid down in the law. enforceable in court of law
    - - illegal when in contravention of statutory provision
    - - can't be enforced due to technical defect, non observance of legal formalities of writing, registration, etc.
  - - - both parties fulfilled their obligations
    - - still to perform certain things in the future
  - - - all contracts other than formal contracts
    - - under seal and contracts of record