22/05/2026
π **INDIAN CONTRACT ACT, 1872 β Essentials of a Valid Contract**
A contract becomes legally enforceable only when all essential elements are fulfilled. βοΈ
π In this post, learn:
βοΈ What is a Valid Contract?
βοΈ Offer & Acceptance
βοΈ Free Consent
βοΈ Types of Contracts
βοΈ Special Contracts
βοΈ Quasi Contracts
βοΈ Void vs Voidable Contracts
βοΈ Fraud vs Misrepresentation
π Key Concept:
π *Agreement + Enforceability = Valid Contract*
β οΈ Consent is not free if affected by:
β Coercion
β Fraud
β Undue Influence
β Misrepresentation
β Mistake
π― One-shot revision for IBBI, Law & Commerce students!
π¨βπ« **Kalpak Sakhala Sir**
ποΈ **FLY ENGINEERING ACADEMY**
ContractLaw