The Kesari Nandan Academy - Contract - I

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LL.B. | Contract-I

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MJPRU / GJUM / CCSU / MSU / Others

Unit I: Introduction to Contract Law and Agreement Formation

Meaning, Nature, Purpose, Evolution, and Scope of Contract Law

Definition and Essentials of a Valid Contract

E-contracts

Offer/Proposal: Definition, Communication, Revocation

Types of Offers: General, Specific, Tenders, Auctions

Acceptance: Definition, Communication, Revocation, Provisional Acceptance

Unit II: Essentials of a Valid Contract: Consideration and Capacity

Consideration: Definition, Essentials, Rules governing consideration

Doctrine of Privity of Contract and its Exceptions

Exceptions to the Rule 'No Consideration, No Contract' (Section 25)

Capacity to Contract: Minors, Persons of Unsound Mind

Nature and Effects of Minor's Agreements

Doctrine of Restitution

Other persons disqualified by law to enter into contract

Unit III: Free Consent and Legality of Object

Consent and Free Consent: Meaning and Importance

Vitiating Factors: Coercion, Undue Influence, Misrepresentation, Fraud, Mistake (Bilateral and Unilateral)

Lawful Object and Lawful Consideration: Meaning and Scope

Agreements Opposed to Public Policy

Effect of Void, Voidable, Valid, Illegal, Unlawful, and Uncertain Agreements/Contracts

Unit IV: Classification and Specific Types of Contracts

Standard Form of Contracts

Contingent Contracts

Wagering Agreement

Distinction between Agreement, Contract, and Contract Deed

Unit V: Performance, Discharge, and Breach of Contract

Performance of Contracts: Who can demand, Who must perform, Time and Place of performance

Discharge of Contracts: By Performance, Agreement (novation, rescission, alteration, remission), Impossibility/Frustration, Operation of Law, Breach

Doctrine of Impossibility of Performance and Frustration of Contract

Breach of Contract: Anticipatory Breach and Present Breach

Unit VI: Remedies for Breach and Quasi-Contracts

Remedies for Breach of Contract: General Principles

Damages: Kinds of Damages, Remoteness of Damages, Measure of Damages

Specific Performance

Injunction

Quantum Meriut

Quasi-Contracts (Sections 68-72 of the Indian Contract Act)

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