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Legal Ontologies

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This course explains the law of contract (as under the Indian Contract Act, 1872) in a very simple and quick way. Students spend a whole year completing the course and struggle with understanding the law. Here you will be learning about contract law very quickly. My course is definitely going to help you in your law examination or entrance tests.

This course covers the entire Indian Contract Act, 1872 explained in a simple and logical way. The course covers the following topics:

Read more

Subscribe to the YouTube Channel - Legal Ontologies

This course explains the law of contract (as under the Indian Contract Act, 1872) in a very simple and quick way. Students spend a whole year completing the course and struggle with understanding the law. Here you will be learning about contract law very quickly. My course is definitely going to help you in your law examination or entrance tests.

This course covers the entire Indian Contract Act, 1872 explained in a simple and logical way. The course covers the following topics:

1. Basics of Contract - (Essential elements of a contract such as Offer, Acceptance, Consideration, Free Consent, Capacity of Parties, Possibility, Legality etc.)

2. Rules for Valid Offer

3. Rules for Valid Acceptance

4. Consideration (along with exceptions)

5. Capacity of Parties (Age, Sound Mind, Disqualification)

6. Consent of Parties (Coercion, Undue Influence, Fraud, Misrepresentation and Mistake)

7. Discharge of Contract (When a party is relieved from the obligations under the contract)

8. Contingent Contract (Contracts based upon some condition)

9. Expressly declared void agreement (Agreement in restraint of marriage, Agreement in restraint of trade, Agreement in restraint of legal proceedings)

9. Performance of Contract

10. Quasi Contract (Section 68 to Section 72)

11. Remedies for Breach of Contract (Damages, Specific performance etc.)

12. Indemnity and Guarantee

13. Bailment and Pledge

14. Agency

This course covers 7 hours of content designed for law students.

Enroll now

What's inside

Learning objective

Students will learn general principles of law of contracts quickly and in a simplified way

Syllabus

Learn about various kind of contract and essential elements of contract

Subscribe to YouTube channel - Legal Ontologies

Update - Please note that after Aug 5, 2019, Indian Contract Act, 1872 now applies in J&K also.

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What is an Agreement?
About Indian Contract Act
More about Agreements and Contracts

 For the complete course on the Indian Contract Act, 1872, watch Part 2 of this course. You can access part 2 from the link below.

https://www.udemy.com/course/law-of-contract-in-india/?referralCode=F6DEB4F5E35A3D6BD98D

For the complete course on the Indian Contract Act, 1872, watch Part 2 of this course. You can access part 2 from the link below.

https://www.udemy.com/course/law-of-contract-in-india/?referralCode=F6DEB4F5E35A3D6BD98D

What is a Voidable Contract?
What is a Void Contract?
Rules relating to valid acceptance - Rule 2
Unenforceable Contract
Consideration - III
Executed and Executory Contract
Legal Rules for Valid Offer - I
Legal Rules for Valid Offer - II
Legal Rules relating to lapse of offer - I
Legal Rules relating to lapse of offer - II
Consideration - IV
Consideration - V
Consideration
Consideration - Introduction
Consideration - II
No Consideration, No Contract - Exception 1
No Consideration, No Contract - Exception 2
No Consideration, No Contract - Exception 3
No Consideration, No Contract - Other exceptions
Consideration - Quiz
Capacity of Parties
Capacity of Parties - I
Capacity of Parties - II
Capacity of Parties - III
Capacity of Parties - IV
Capacity of Parties - V
Capacity of Parties - VI
Capacity of Parties - VII
Capacity of Parties - VIII
Capacity of Parties - IX
Capacity of Parties - Quiz Time
Consent of Parties
Consent of Parties - I
Coercion
Undue Influence
Difference between Coercion and Undue Influence
Fraud
Can silence amount to fraud?
Impact of Fraud on Contract
Misrepresentation - I
Misrepresentation - II
Difference between Fraud and Misrepresentation
Mistake - I
Mistake - II
Consent of Parties - Quiz Time
Discharge of Contract
Discharge of Contract - I
Discharge of Contract - II
Discharge of Contract - III
Discharge of Contract - IV - Remission and Waiver
Discharge of Contract - V - Supervening Impossibility
Discharge of Contract - VI - Lapse of Time
Discharge of Contract - VII - Operation of Law
Discharge of Contract - VIII - Breach of Contracts
Legal Object and Consideration
Expressly declared void agreement
Agreement in restraint of marriage
Agreement in restraint of trade
Agreement in restraint of legal proceedings
Uncertain Agreements
Wagering Agreement and Impossibility
Contingent Contracts
Rules relating to contingent contracts - I
Rules relating to contingent contracts - II
Quiz Time
Quasi Contracts
Quasi Contract - I - Section 68
Quasi Contract - II - Section 69
Quasi Contract - III - Section 70
Quasi Contract - IV - Section 71
Quasi Contract - V - Section 72
Performance of Contract
Performance of Contract - I
Performance of Contract - II - Joint Promises
Performance of Contract - III - Reciprocal Promises
Performance of Contract - IV - Time and Place of Performance
Performance of Contract - V - Failure to perform on time
Performance of Contract - VI - Mode of performance
Performance of Contract - VII - Appropriation of Payments
Remedies for Breach of Contract

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Covers the Indian Contract Act of 1872, which is foundational for legal studies and practice in India
Explores topics such as offer, acceptance, consideration, and capacity of parties, which are essential elements of contract law
Examines remedies for breach of contract, including damages and specific performance, which are critical for dispute resolution
Includes topics like indemnity, guarantee, bailment, pledge, and agency, which are important aspects of contract law
Refers to another course for the complete course on the Indian Contract Act, 1872, which may require additional enrollment
Includes an update that the Indian Contract Act, 1872 now applies in J&K also, which may be outdated information

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Save The complete course on the Indian Contract Act, 1872 to your list so you can find it easily later:
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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in The complete course on the Indian Contract Act, 1872 with these activities:
Review Basic Legal Terminology
Strengthen your understanding of fundamental legal terms to better grasp the concepts in the Indian Contract Act.
Browse courses on Legal Terminology
Show steps
  • Identify key legal terms.
  • Define each term in your own words.
  • Find examples of usage for each term.
Avtar Singh's Contract Law
Use a popular textbook to reinforce your understanding of the core concepts of Indian Contract Law.
View Melania on Amazon
Show steps
  • Obtain a copy of Avtar Singh's book.
  • Read the chapters relevant to the course.
  • Take notes on key concepts and cases.
Case Law Analysis Exercises
Improve your ability to apply contract law principles by analyzing hypothetical case scenarios.
Show steps
  • Find case studies related to contracts.
  • Identify the legal issues involved.
  • Apply relevant contract law principles.
  • Write a brief analysis of the case.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Create a Contract Law Cheat Sheet
Condense the key principles and sections of the Indian Contract Act into a concise and easily accessible cheat sheet.
Show steps
  • Identify the most important concepts.
  • Summarize each concept briefly.
  • Organize the information logically.
  • Design the cheat sheet for quick reference.
Pollock & Mulla on Indian Contract Act
Supplement your understanding of the Indian Contract Act with a detailed analysis from a respected legal commentary.
Show steps
  • Obtain a copy of Pollock & Mulla.
  • Read the commentary on key sections.
  • Note down important case laws.
Draft a Simple Contract
Apply your knowledge by drafting a basic contract for a common transaction, such as a sale of goods or services.
Show steps
  • Choose a simple transaction.
  • Identify the parties involved.
  • Define the terms of the agreement.
  • Draft the contract using clear language.
  • Review the contract for completeness.
Tutor a Junior Student
Solidify your understanding by explaining contract law concepts to someone less familiar with the subject.
Show steps
  • Find a student who needs help.
  • Prepare a lesson on a specific topic.
  • Explain the concepts clearly.
  • Answer their questions patiently.

Career center

Learners who complete The complete course on the Indian Contract Act, 1872 will develop knowledge and skills that may be useful to these careers:
Contract Manager
A contract manager oversees the entire lifecycle of contracts, from creation to execution and termination, so a firm grasp of contract law is essential. The course on the Indian Contract Act, 1872, is directly applicable to the responsibilities of a contract manager. The course covers essential contract components, including offer, acceptance, consent, performance, and remedies for breach. Understanding these components helps a contract manager avoid pitfalls and ensure legal compliance. Anyone working as a contract manager may find this course helpful in reinforcing their understanding of contract law.
Paralegal
Paralegals assist lawyers by preparing legal documents, conducting research, and organizing case files. A significant portion of their work involves understanding contract law. This course covering the Indian Contract Act, 1872, helps a paralegal gain a strong foundation in contractual principles. The course dives into essential elements like offer, acceptance, consideration, and consent, all crucial for understanding contract formation and disputes. By studying discharge of contract and remedies for breach, also part of this course, a paralegal can better support attorneys. Anyone seeking a career as a paralegal should take this course as it offers a quick and structured approach to understanding the Indian contract law.
Contract Analyst
A contract analyst reviews and interprets contracts, ensuring they comply with legal standards and company policies. This role involves analyzing contract language, identifying potential risks, and ensuring all terms are clear and enforceable. The course's detailed coverage of the Indian Contract Act, 1872, particularly the elements of valid contracts, rules for offer and acceptance, and the implications of consent, provides essential knowledge for a contract analyst. Understanding the nuances of contract law, including aspects like discharge and breach, which are covered in the course, is crucial for this role. Individuals wishing to become a contract analyst will find the course useful as it provides targeted insights into the fundamentals of contract law.
Legal Researcher
Legal researchers conduct in-depth research on legal topics for lawyers, judges, or other legal professionals. This course, focused on the Indian Contract Act, 1872, provides a solid base for legal research in contract law. Understanding the various elements of contract formation such as offer, acceptance, and consideration, covered in this course, is crucial for researching contract disputes. The course’s coverage of topics such as discharge of contracts and remedies provides a starting point for researching more complex legal issues. Anyone seeking a position as a legal researcher may find that taking this course will give them the knowledge they need to get started.
Legal Assistant
A legal assistant provides administrative and clerical support to lawyers, often requiring a basic understanding of legal principles including contract law. This course, focusing on the Indian Contract Act, 1872, is useful for legal assistants who need to understand the basics of contracts for tasks like filing documents, and preparing case briefs. The course's explanation of topics such as offer, acceptance, and capacity of parties gives a legal assistant foundational knowledge. The sections on discharge of contract and remedies are important for managing cases efficiently. Aspiring legal assistants should take this course for a comprehensive grasp of contract law.
Procurement Specialist
Procurement specialists manage the purchasing of goods and services, often involving negotiating and drafting contracts with suppliers. This course, focused on the Indian Contract Act, 1872, is useful for a procurement specialist, as it covers essential contract components, including offer, acceptance, and consideration. The course also covers rules for valid contracts and the conditions under which they may be voided. Understanding the discharge of contracts is important for effective management. Aspiring procurement specialists can use this course to quickly learn fundamental contract law principles.
Compliance Officer
A compliance officer ensures that a company operates within legal and ethical standards, often dealing with contracts and agreements. This role requires a deep understanding of contract law, which is why this course covering the Indian Contract Act, 1872 will be useful. The course’s detailed analysis of the essential elements of a contract, capacity of parties, and the various factors that can affect it's validity are all important for a compliance officer. The section on void agreements and the rules surrounding them will help a compliance officer identify risks. Anyone looking to work as a compliance officer may find this course helpful to their understanding of contract law.
Auditor
An auditor reviews financial records and verifies compliance with legal standards and internal policies. This role often involves examining contracts and agreements to confirm their validity and compliance. This course covering the Indian Contract Act, 1872, is useful for auditors as it offers an understanding of the basic principles of contracts. By studying offer, acceptance, consideration, and the capacity of parties, auditors can identify potential issues within contracts. Also, by examining discharge conditions, auditors will have a better understanding of contractual obligations. Anyone wishing to be an auditor should take this course to better understand contractual issues.
Operations Manager
An operations manager oversees day-to-day activities within a company to improve efficiency and also often works with contracts for suppliers and vendors. This is why the course on the Indian Contract Act, 1872, may be quite useful for an operations manager, as it helps them understand the components of contracts. The course's overview of offer, acceptance, and consideration can help the operations manager to understand the basic structure of a contract. Also, knowledge of topics like the discharge of contracts can help with understanding vendor agreements. Anyone working as an operations manager may find this course helpful in terms of understanding important legal issues.
Business Development Manager
A business development manager negotiates deals and contracts to grow a company's business, requiring a firm understanding of contract law. This course on the Indian Contract Act, 1872 provides key insights into the elements that constitute a contract. The course's coverage of offer, acceptance, consideration, and consent directly relates to the responsibilities of a Business Development Manager. Sections on performance and remedies will be useful in this role. Anyone looking to develop their business expertise should take this course, especially those involved with contracts in their day-to-day work.
Human Resources Specialist
A human resources specialist handles employee relations, policy implementation, and often contracts related to employment. The course on the Indian Contract Act, 1872, is valuable for a human resources specialist, because employment contracts are a common concern. This course's focus on essential elements of contract helps an HR specialist to ensure offer letters are valid. The course also covers consent and capacity, which are necessary for drafting agreements that are legally sound. Anyone working as a human resources specialist may find this course helpful in their understanding of issues arising from contracts.
Real Estate Agent
A real estate agent assists clients in buying, selling, and renting properties, and this often involves working with various kinds of contracts. A course on the Indian Contract Act, 1872, may benefit a real estate agent, as it provides essential knowledge of contract formation and conditions for validity. Understanding the concepts of offer, acceptance, and consideration, as taught in this course, is pertinent to drafting and reviewing property contracts. The course also provides insight into remedies for breach of contract. Those aspiring to become real estate agents may find this course useful to better understand contract related issues.
Project Manager
A project manager oversees projects from start to finish, often working with contracts and agreements. This course on the Indian Contract Act, 1872, may be useful for project managers as it provides a framework for understanding contract law. Project managers negotiate and monitor contracts, so understanding offer, acceptance, and consideration is essential. The course also covers topics like discharge of contracts, which are useful in managing project timelines and obligations. Project managers may find this course helpful as they seek to better understand contracts.
Arbitrator
An arbitrator serves as a neutral third party to resolve disputes, often involving contract disagreements. This role typically requires deep knowledge of contract law. This course on the Indian Contract Act, 1872, may serve as a useful refresher for an arbitrator, as it covers the fundamental principles of the law. The course covers essential subjects such as the elements of valid contracts, capacity of parties, consent, and discharge of contracts. Anyone interested in working as an arbitrator will find that this course can help give them a better understanding of contract law.
Financial Analyst
Financial analysts examine financial data and provide recommendations, and this often involves analyzing contracts and agreements to assess risk. A course on the Indian Contract Act, 1872, may be useful for a financial analyst, as this provides an understanding of the legal underpinnings of contracts. The course covers essential contract elements such as offer, acceptance, and consideration, which are vital in assessing a contract's validity. The course also explains the concepts of discharge of contract and remedies for breach. Financial analysts may find this course useful in improving how they assess contracts.

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in The complete course on the Indian Contract Act, 1872.
Classic and comprehensive commentary on the Indian Contract Act. It provides an in-depth analysis of each section of the Act, along with relevant case laws and illustrations. It valuable resource for law students and practitioners seeking a deeper understanding of contract law principles. This book is often used as a reference by legal professionals.

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