Every contract has some terms and conditions that need to be followed whether it is expressed or implied and non-performance of any such terms may lead to breach of contract. What is a contract? A contract, as defined under Section 2(h) of the Indian Contract Act, 1872, which states that a legal agreement is considered to be a contract. To understand this line, it is helpful to break it down into its two parts − The legal agreement and What constitutes an agreement. It means, the agreement that parties made must be legal in nature; ... Read More

Inventions, works of art, symbols, logos, and trademarks are typically connected with intellectual property, and as a result, they all are legally protected by trademarks, copyrights, and patents. Intellectual property law has been significantly impacted by the digital technology, as seen by cyber squatter legislation and important legal and practical advancements in protection. The acceptance of e-commerce and business process patents would have a tremendous impact on freedom, computers, and privacy. By describing it to safeguard freedom and privacy, some of their personal information has been recommended by granting individual property rights. Intellectual property must now safeguard not ... Read More

A youngster is not intelligent enough to make significant life decisions in the early years of life. He doesn't know how he will care for himself or what is right or wrong for them, either. Because of this, he is offered the assistance of a sane person so that he may make choices that will improve the situation for that youngster. For the benefit of the children, whom we refer to as minors, a law titled the Hindu Minority and Guardianships Act, 1956, came into force on this topic. Who is Guardian under the Act, 1956? According to Section ... Read More

Rich Geneva, Switzerland, native Henry Dunant was a wealthy individual. He once traveled to the Italian village of Solferino to expand his business. He learned about the Battle of Solferino, an Italian, French, and Austrian conflict, in 1859. Around 40, 000 troops sacrificed their lives in this conflict, 23, 000 of whom were Austrian, and Austria lost. After highlighting all of this in Italy, he was prompt, and without making any distinctions between Italy, France, or Austria, he wished to aid them and encouraged people to assist those who are ill or injured. What was the Purpose of Geneva ... Read More

The General Agreement on Tariffs and Trade (GATT), signed in 1947 by 23 nations, is a pact that lowers restrictions on international trade by getting rid of or cutting back on quotas, tariffs, and subsidies. Its goal was to accelerate the post-World War Two economic recovery. What is GATT? The International Trade Organization was never created due to the failure of the negotiating states to establish it, so the GATT was first addressed during the United Nations Conference on Trade and Employment (ITO). On October 30, 1947, at Geneva, it was signed by 23 countries and went into effect ... Read More

Free consent is defined by the Latin word consensus-ad-idem, which means that both parties to the contract must agree. The goal of a contract being a two-way deal is defeated without the consent of both parties. The legitimacy of an agreement is protected by a contract formed through voluntary assent, giving the parties a safety net. It enables the parties to preserve their autonomy to set their guiding philosophy or policy. The Indian Contract Act defines consent as "when two or more persons agree upon the same item and in the same sense" under Section 13. Hence, something that both ... Read More

For the agreement to be enforceable under law, it must not be null and void, be clear, and have the capacity to be performed. All of the essential elements must be present for the contract to be valid and enforceable. If any of these components are absent, the agreement is not a contract and is not enforceable. This means that even if every agreement is a contract, not every agreement meets the requirements to be a contract. According to Section 10 of the Act, all agreements are contracts if they are made with the free consent of persons ... Read More

The contract is judged to have been fulfilled once the task or performance has been completed. Contracts that have been successfully implemented by law are referred to as fulfilled contracts. An executed contract is the name given to this type of agreement. An executory contract requires that the obligations of the parties be carried out over time rather than immediately. What are "executed contracts"? When one, both, or all of the parties to a contract have performed the act or used the forbearance provided for in the contract, the contract is said to have been executed. In essence, it ... Read More

For those who practice religion, ethics and religion are closely related because one's religious convictions usually have an impact on ethical matters. A particular faith is typically used as a compass for those who practice or believe in it, guiding them in all facets of life. Yet, this does not imply that religion and ethics are always linked, as ethical behavior can exist even among persons who do not hold a particular religious perspective. What is Ethics? The term ethics is derived from the Greek word "ethos, " which means "way of living." Ethics is a subfield of philosophy ... Read More

Electronic signatures have superseded the conventional way of signing on physical papers, which was an integral feature of contemporary corporate transactions. Being a country with a swift expanding digital economy, India has recognized early the significance of electronic signatures and created the Information Technology Act, 2000 (IT Act) to regulate electronic signatures, digital transactions, and other such activities. The Information Technology Act, 2000 The Information Technology Act, which was enacted on June 9, 2000, was intended to offer legal recognition for electronic transactions and signatures in India. In addition, it developed a legal infrastructure for e-commerce in the country ... Read More