law of Indian contract Act,1872 ,(B law)

This presentation on “Law of Contract (Business Law)” provides a clear and concise overview of the Indian Contract Act, 1872. It explains the key elements of a valid contract including proposal/offer, promise, reciprocal promises, promisor and promisee, and consideration. The presentation further distinguishes between agreement, contract, voidable contract, void agreement, and void contract, emphasizing the principle that “All contracts are agreements, but all agreements are not contracts.”

Designed for students, academicians, and professionals, this resource is a helpful guide to understanding the fundamental concepts of business law and the legal framework governing contractual relationships in India.

1. BUsiness LAW Business law  encompasses the statutes, regulations, and principles governing commercial activities, from company formation to contracts, sales, and intellectual property, with the goal of facilitating fair practices and ensuring businesses operate within a legal framework By-Assistant Professor, Renu Soni

2. INDIAN CONTRACT ACT,1872 By-Assistant Professor, Renu

3. Indian Contract Act 1872 Proposal/Offer Promise Reciprocal Promises Promisor and Promisee Consideration Agreement Contract Voidable Contract Void Agreement Void Contract All Contracts are Agreements, But all agreements are not Contract

4. Thank You