web analytics

Contracts have always been an indispensable part of our lives. Knowingly or unknowingly, we enter into a contract for hundreds of times in one year. Even if we buy candy, we make an agreement with the store owner. Every time we visit a restaurant or book a taxi, we enter into a contract. Although contract law evolves over time, the treaty jurisprudence remains the same. We know the purpose of a treaty, but new situations arise every day and the new question arises as to whether or not this agreement is considered a treaty! As an economic means, the treaty is based on the concept of consensual exchange and has been the subject of in-depth economic, sociological and anthropological discussions (see „contract theory” below). In American English, the term goes beyond legal meaning and encompasses a broader category of agreements. [7] All parties must accept and comply with the terms of an offer. The following cases illustrate how all contracts are agreements; In the case of an invitation to treatment where an invitation to treatment is only an invitation to an offer. If a company`s offer is accepted, it is in a contract, provided that other elements of the contract are accepted. Taking into account the person Buying a radio on the rent purchase of Person B who takes care of the electronics and his devices. Both parties must agree on the payment of the monthly payment within a specified period of time. Such agreements must be reduced to writing and recording.

At the time of an agreement, if a person is of an unhealthy mind or is disqualified by law; the agreement is considered inconclusive. On the other hand, an agreement with a minor is not concluded from the outset and therefore cannot be enforced. For example, if a 7-year-old boy buys an ice cream; although he enters into an agreement with the ice cream seller, he is not considered a contract, since he is a minor; The game is not in a position to be treated. (little) A contract between an employer and a union or another representative that was chosen voluntarily by the majority of the employer`s workers in a collective class, on the wages, hours and other terms of employment of that group. The first thing we need to know is what a treaty is. The definition of a contract under Section 2 (h) of the Indian Contract Act, 1872, is that a contract is a legally applicable contract. An agreement is the first step in the contract. If the agreement is legally applicable or if the agreement is recognized by law, it becomes another contract. It is essentially based on British law, because the Contract Act 1872 of the British Indian Govt. was adopted. For example, A B offered to sell his car for 50,000 D.

A asked him to enter the house at night with money, if he was willing to buy the car. When B entered the house at night with cash, he shows his tacit agreement to buy the car. If one of the agreements has a counterparty or opposition mentioned above, the agreement expires. For example, reaching an agreement on the murder of someone for money is considered a nullity. A person cannot go to court and say that I gave the money, but the hitman does not do the job because the object was something that is prohibited by law and therefore the contract is non-hazard. 1- There should be an agreement between two parties. An agreement is reached when one party makes a proposal or is present and the other party accepts the offer. 2- Contracting parties should be able to enter into contracts. 3- There should be legal consultation and a legitimate purpose in relation to the agreement. 4- There should be the free consent of the parties when they agree.

5- The agreement must not be one that has been cancelled. For example, a merchant agrees to buy stolen goods.