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B.L Evry cntrct is an agrement tho all agements are not contrcts.

as we hav studied alrdy a cntrct is an agremnt enforcble by law. the wrd agremnt wld mean consent of the parties to the contrct .a concentis an agrment enforable by a law the wor d agrement wld mean consent of the parties to the contract a consent is an agree ment accorded with free will. A party to the contrcr shal nt b forcd or coerced into the contrct. in this senario tho th parties r agrn to contrct surcuming to the force , they may nt b wiln to excut the contract. Then th othr party wch is agrevd by a breach may aproch a court of law and seek remdy, However if it estab lsd to the court that the party has not consentd to the contrct, then the court wil deglr the contrct as void and relv the parties frm the perfrmnce of the cont rct. A consent is not a free consent under these situatns :1) Coercion :It is a force. Eg: someone thrtn for life at a gunpoint may be forced t o enter into a contrct. 2) Undue influence :One of the parties can be at an advantagus situatn. Eg: Emplyr verses employe. in this case it l b undue influence tho ther is no coercion. the contrct is void as thr is no free consent. 3) Fraud 4) Misrepresentation 5) Mistake Types of contracts :1) Void contract : Void-ab-initue this phrase means the contract is void frm beg nin . Such contrts cannot be radifyd or set ryt even wid the consent of the part ies hence the court cannot order excutn to that contract. 2) Voidable contract : In a contract where tehnical grounds are satisfactory the courts may give an optn to the agrevd party to desid the validty of a contrct . The agrvd party on measuring the advantages and disadvantages may desid that th e cntrct is void. The courts assume that the contract is valid until the contrar y is desided by the agred party. 3) Illegal contract : Illegal contrct is one wer the objct of the cntrct is itse lf illegal. 4) Unenforceable contract : 5) Express contract : 6) Implies contract : it is neva intended to b excutd by the parties but a contr act by opratn of law. Eg complsry acustn of land by centrl or state govt. when t he gvt athorities identfy a land n indent to acure it for completn of a prjct th e landlord wil nt hav a choice bt to sel the propty. A contraact is formrd tho t he landlord neva intnded to enter into any contract.

7) Tacit contract : tacit contract is not an express cntrct howeva the behavur o f the parties may intecate existance of a contract. Eg : rental contract. A tene nt may occupay the premises withot a wrtn conrct and may start payn rent on a mo ntly basis, the landlord who accpets the rent has entrd a cntrct by accptn the p aymnt. 8) Executed contract : a contct that is duly perfrmd by both the parties is call ed as an executed cntrct. 9) Executory contract : a cnrct that is not yet perfrmd is called as a executory cnrct. 10) Unilateral contract : a cnrct in wch majority of the promises r made by one party it can be termd as unilateral cnrct . Eg cnrct for agency or for distrebut r etc.

Types of offer :1) Genral offer : it is not made to an identifyd group of individuals. The offer is genraly made to the public at large. Ther is no restrctn on who shal accept the ofer. 2) Special offer : spl offer is a specific offer to select a group of individual s on specfic terms and conditions. This offer is not open for genral public henc e ther are restrctns on accptance of offer. 3) Cross offer : when two parties make a simantanious offer to each other it is termd as cross offer. Both the offers operate independently and are capable of c reatn a contract on acceptance. Hence it may lead to two different contrcts. 4) Counter offer : an offer made by one party can b acceptd or modifyd and offer ed back to the original offerer in wch case it is not treated as an acceptance b ut is treatd as a counter offer. Hence has potential to create a contract. 5) Standing Open or continuing contract : an offer that is not terminated and is open to b accepted is termed as standing open or continuing offer howeva the of fer wil seize to exist on expyry on timeline decided by the offrer.

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