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Is legal obligation not an essential element of Contract???
? Related: Nature of Contracts (Part - 1)
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Is legal obligation not an essential element of Contract??? Related: ...
Legal obligation is an essential element of a contract as we know that according to section 2 (h) of the Indian contract act 1872, "an agreement which is enforceable by law" so a agreement can enforceable by law only when the parties have an intention to create a legal obligation so it is important to create a legal obligation in the agreement without legal agreement, it is not a contract. An agreement without legal obligation is a social agreement
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Is legal obligation not an essential element of Contract??? Related: ...
It is an essential of contract... an agreement to become a contract must give rise to legal obligation which means duly enforceable by law
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Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)?
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Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)?.
Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Is legal obligation not an essential element of Contract??? Related: Nature of Contracts (Part - 1)?.
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