CA Foundation Business Laws Marathon
(100% Syllabus covered) | Question Paper
Solved | English
ArivuPro Academy
The intention is to cover everything within three days and by
the third day, let us try to solve some more questions. The
students will have to revise at home so that it will serve their
purpose. Okay, so let us start with Indian Contract Act. The
students will be able to see the content of the review. The
audience will be shown what is offer and acceptance. The
students are asked to understand the content. The audience is
asked to answer questions in the first three days of the exam.
The student is allowed to choose the content based on the
content. We will then be asked to explain the content in the
next three days. The content is based on what we saw in the
context of the content, and the content is selected. The
material is based upon the content that we are shown. The
information is provided by the student. Please share it. The
comments are provided by this section. Please submit your
feedback. Please send us a summary of this information. Please
comment on this article. Please contact us on this page. Please
email us. We would like to see this information in the previous
section. We'll be happy to see it. Please provide the feedback.
We wish you a good day.
Indian Contract Act
Offer: Offer means when one person tells the other person,
"Hey, do that or don't do that, and for that, I will give you some
money," so to do or abstain is the word you need to use in
exams. Bribing is obviously illegal, so people not doing
something is legal.
Agreement: An agreement is something that will happen in
the future, and you will exchange promises between the
parties is called an agreement. In the class, we saw what is an
agreement, plus if it satisfies all the essential elements of a
contract, it is equal to contract under essential elements. In the
exam, these are important keywords. Underline, you get
marks. So in your exam, don't write to do, not to write to or not
do something in exams. Keywords underlined, you get marks.
, Essential Elements of a Valid Contract:
There have to be two parties; it can be a company or an
individual.
There should be an intention to create legal obligation.
There must be free consent.
The parties should be competent to contract.
The agreement should be for a lawful consideration and
object.
The agreement should not be expressly declared as
void.
It should be enforceable by law.
The agreement should be in writing, registered, and
attested, if required by law.
Performance of the agreement must be possible.
There should be certain essential elements.
The agreement that is satisfying all the essential elements is
called a contract. It becomes enforceable by law. The
agreement enforceable to say it becomes enforcing by law is
called a contract. There was a case of Balfour versus Alford,
but it wasn't satisfying that it is a contract. The reason is that
there were certain essential elements, so people agreements.
There will be hundreds of agreements. There are two e's in
between, so agreement section 2 e. There was no example of a
husband saying, "Darling, I'll give you a diamond ring," but it is
not satisfying the essential element of a contract, but it was
not satisfying that it is an agreement.
Domestic Agreements
The author believes that domestic agreements between
spouses are not intended to go to court if one party fails to
perform. He also mentions that he cannot be held responsible
for someone losing money and cannot be arrested for it.
Validity of a Contract
A contract must be possible to perform and specific in
its terms to be valid.
(100% Syllabus covered) | Question Paper
Solved | English
ArivuPro Academy
The intention is to cover everything within three days and by
the third day, let us try to solve some more questions. The
students will have to revise at home so that it will serve their
purpose. Okay, so let us start with Indian Contract Act. The
students will be able to see the content of the review. The
audience will be shown what is offer and acceptance. The
students are asked to understand the content. The audience is
asked to answer questions in the first three days of the exam.
The student is allowed to choose the content based on the
content. We will then be asked to explain the content in the
next three days. The content is based on what we saw in the
context of the content, and the content is selected. The
material is based upon the content that we are shown. The
information is provided by the student. Please share it. The
comments are provided by this section. Please submit your
feedback. Please send us a summary of this information. Please
comment on this article. Please contact us on this page. Please
email us. We would like to see this information in the previous
section. We'll be happy to see it. Please provide the feedback.
We wish you a good day.
Indian Contract Act
Offer: Offer means when one person tells the other person,
"Hey, do that or don't do that, and for that, I will give you some
money," so to do or abstain is the word you need to use in
exams. Bribing is obviously illegal, so people not doing
something is legal.
Agreement: An agreement is something that will happen in
the future, and you will exchange promises between the
parties is called an agreement. In the class, we saw what is an
agreement, plus if it satisfies all the essential elements of a
contract, it is equal to contract under essential elements. In the
exam, these are important keywords. Underline, you get
marks. So in your exam, don't write to do, not to write to or not
do something in exams. Keywords underlined, you get marks.
, Essential Elements of a Valid Contract:
There have to be two parties; it can be a company or an
individual.
There should be an intention to create legal obligation.
There must be free consent.
The parties should be competent to contract.
The agreement should be for a lawful consideration and
object.
The agreement should not be expressly declared as
void.
It should be enforceable by law.
The agreement should be in writing, registered, and
attested, if required by law.
Performance of the agreement must be possible.
There should be certain essential elements.
The agreement that is satisfying all the essential elements is
called a contract. It becomes enforceable by law. The
agreement enforceable to say it becomes enforcing by law is
called a contract. There was a case of Balfour versus Alford,
but it wasn't satisfying that it is a contract. The reason is that
there were certain essential elements, so people agreements.
There will be hundreds of agreements. There are two e's in
between, so agreement section 2 e. There was no example of a
husband saying, "Darling, I'll give you a diamond ring," but it is
not satisfying the essential element of a contract, but it was
not satisfying that it is an agreement.
Domestic Agreements
The author believes that domestic agreements between
spouses are not intended to go to court if one party fails to
perform. He also mentions that he cannot be held responsible
for someone losing money and cannot be arrested for it.
Validity of a Contract
A contract must be possible to perform and specific in
its terms to be valid.
