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Instructor Name

WISHTREE EXAM INCHARGE

Category

Commerce

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Course Requirements

Any H.S.S.C. or H.S.S.C. Vocational Passed Out Student. 

Course Description

This course provides a comprehensive introduction to the Indian Contract Act, 1872. It begins with a foundational understanding of the legal system, focusing on the essential principles governing contracts. Students will explore the formation of valid contracts, including the critical elements such as agreement, consideration, and the capacity to contract. The course also delves into the various kinds of contracts, offers, and acceptances, and the communication processes involved.

In addition to the basics, students will study the legality of objects and considerations, the concept of free consent, and the distinctions between voidable contracts, void agreements, and contingent contracts. The course will also cover the performance of contracts, modes of discharge, and the consequences of breach of contract. Finally, it introduces students to modern developments such as e-contracts and quasi-contracts.

This course is essential for anyone looking to gain a foundational understanding of contract law, whether for academic purposes or practical application in the field of business or law.

Course Outcomes

Students completing this course of Basics of Contract Act will be

able to:

1) Define, distinguish and apply the basic concepts and terminology of the Law of

Contract.

2) Define and distinguish the various processes involved in formation of contract.

3) To gain the knowledge, consideration, capacity to contract and consent.

4) Identify performance of contract and appropriation of payment quasi contract, econtract

and modes of discharge of contract.

Course Curriculum

1. SYLLABUS

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C1101 - BCOM 1 SEM 1 - INDIAN CONTRACT ACT - 1 (NEP)

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