Introduction Damages that emerge within the conventional course of occasions from the breach of contract are called conventional harms. Harms emerging out of common and plausible results of breach of contract are too considered a standard harm. Common damages are such damages, which the law presumes from the breach of the contract. By and large…
Introduction The Indian Contract Act, 1872 is an important act which plays a major role when it comes to any types of contract made between two or more parties. It contains detailed provisions regarding the legal effects of the contract, punishment for violation of the contracts, when a contract gets discharged etc. This is a…
Introduction When a person falls casualty to a person’s carelessness and is harmed, tort law can be utilized to right the off-base that was done. One of the most purposes of tort law is to put the victim in a position that’s as near as conceivable to the condition that they were in some time…
Introduction The Indian Contract Act came into effect on 1 September, 1872 which gives a legal effect to the contracts made between the parties. This helps in refraining people from entering into unnecessary legal contracts between the parties. So, it is an act which was in existence since long back i.e even before Indian getting…
Agency is a common form of contract in modern times. It revolves around a relationship between two people, one of which is authorised to act on behalf of the other with a third person. When agency is formed, the principal gets bound to be held responsible for the acts of the agent toward the third…
Lord Herschell in Kennedy v. De Trafford commented that agent has been the “more commonly and constantly abused” word. In this article we will try to understand the concept of agency and agent given in the Indian Contract Act along with relevant case laws. Justice Desai of Supreme Court: The relation of agency arises whenever…
ABSTRACT The maturity of American authorities don’t allow corrective damages for breach of contract unless the breach constitutes an independent tort. Decreasingly, courts and observers have reckoned on the proposition of” effective breach” to explain the rule against corrective damages in contracts. In this Composition, Professor Dodge argues that profitable effectiveness supports a different rule-…
Introduction The Indian Contract Act is one of the oldest mercantile laws of our country. This Act came into force on 1st September,1972. As we know, man is a social animal, he depends on the other human beings for living. So, from the very beginning itself, exchange of things were happening between two or more…
Introduction Nominal damages are a frame of legitimate remuneration that are granted by the court when the offended party has the lawful right to get them but was not able to demonstrate a considerable loss. In other words, the offended party was able to demonstrate that the litigant committed a blame or an off-base but…
In agency contract, the person acting as agent must be permitted to act on behalf of the principal. But where the agent is not authorized to represent the principal, still enters into contract with a third party and the principal is well aware about it, yet the third party believes him to be the agent…
