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Free Consent

One of the essential elements of a valid contract is that there should be free consent of the concerned parties to the contract. ‘Two or more persons are said to consent when they agree upon the same thing in the same sense....
 
 
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COMMUNICATION OF OFFER, ACCEPTANCE AND REVOCATION

As mentioned earlier that in order to be a valid offer and acceptance. (i) The offer must be communicated to the offeree, and (ii) The acceptance must be communicated to the offeror.   Similarly, revocation of offer by the...
 

 
 
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Agreement to agree in future

Law does not allow making of an agreement to agree in the future. The parties must agree on terms of the agreement. The terms of the agreement must be either definite or capable of being made definite without further agreement ...
 

 
 
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Essentials of valid acceptance

There are some legal rules which make the acceptance effective so as to give rise to a valid contract. These are:   (1) Acceptance must be absolute and unqualified (Section 7) An acceptance to be valid must be absolute and unq...
 
 
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Who can accept offer ?

In the case of a specific offer, it can be accepted only by that person to whom it is made. The rule of law is that if A wants to enter into a contract with B, then C cannot substitute himself for B without A’s consent. While...
 

 




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