Similarities These agreements are not enforceable at law. Differences Scope- Illegal agreements are narrower in scope. All illegal agreements are void. Void agreements are wider…

Similarities A void agreement cannot create any legal rights. It is a total nullity. A void contract cannot create any legal rights. It is a…

Similarities: Restitution – If any benefit is passed between the parties, it may be restored back. Differences: Definition – When a contract ceases to be…

From the point of view of mode of creation a contract may be express or implied or constructive. 1. Express contract. Where both the offer…

The term ‘constructive or quasi contract is a misnomer, the cases grouped under this type of contracts have little or affinity with contract. Such a…

When a large number of contracts have got to be entered into by a person, from a practical point of view and for the sake…

The law of contract in India is contained in the Indian Contract Act 1872. This Act is based mainly on English common law, which is…

The Indian statutes on mercantile law English/ Foreign law Precedents(previous judgments of the courts.) Customs and usage Most of the Indian Mercantile Law is contained…

According to section 2(h) of the Indian Contract Act: “ An agreement enforceable by law is a contract.” A contract therefore, is an agreement the…

As per section 2 (e): “ Every promise and every set of promises, forming the consideration for each other, is an agreement.” Thus it is…