When two or more persons have made a joint promise, they are known as joint promisors. Unless a contrary intention appears from the contract, all joint

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The word “assign” means “transfer”. Therefore “assignment of contract means the transfer of contractual rights and liabilities under the contract to the third

The contract may be discharged by operation of law which takes place: 1. By Death: If contracts involve the personal skill or ability of the promisor, the

Under certain special circumstances, a person may receive a benefit to which the law regards another person as better entitled or for which the law considers

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Breach of contract means the promisor fails to perform the promise or breaking of the obligations which a contract imposes. It occurs when a party to the

Damages are the monetary compensation allowed to the aggrieved party for the loss or injury suffered by him by the breach of contract. The fundamental

In Lok Sabha, the National Institute of Pharmaceutical Education and Research (Amendment) Bill, 2021 was introduced on March 15, 2021, and the Rajya Sabha also

In Sale, the transfer of ownership passes from seller to buyer immediately. It is an executed contract. Sale can be only in specific or existing goods. If the

Caveat Emptor is a fundamental principle governing the law of sale of goods; it means “Let the buyer beware”. In other words, it is no part of the seller’s

“Quantum Meruit” means “As much as earned or as much as merit. The general rule of law is that unless a person has performed his obligation in full, he cannot

According to section 12(1) of the sales of goods act, 1930. ‘A stipulation in a contract of sale with reference to goods which are the subject thereof may be a

When a party is in breach of a negative term of the contract (i.e., where he is doing something which he promised not to do), in such a case the court may by

Property in goods means ownership of the goods. It is different from possession of the goods. Possession refers to the custody of the goods. There may be

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