Regulate Zip Code Contract For Free

Section 22 in The Indian Contract Act, 1872 Contract caused by mistake of one party as to matter of fact. ?A contract is not voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact.

Section 21: Effect of mistakes as to law. - A contract is not voidable because it was caused by a mistake as to any law in force in India but a mistake or to a law not in force in India has the same effect as a mistake of fact.

Section 23 says that the consideration or object of the agreement is unlawful if it ?is fraudulent?. If the plaintiff cannot make out his case except through an immoral transaction to which he was a party, he must fail. An agreement to pay a certain sum of money to a prostitute for cohabitation is void.

In the Indian Contract Act, the definition of Consent is given in Section 13, which states that ?it is when two or more persons agree upon the same thing and in the same sense?. So the two people must agree to something in the same sense as well.

Section 20 of the Indian Contract Act states that ?Agreement void where both parties are under mistake as to matter of fact. Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement the agreement is void.?

24. Agreements void, if considerations and objects unlawful in part. ?If any part of a single consideration for one or more objects, or any one or any part of any one of several considerations for a single object, is unlawful, the agreement is void.

124-238) :- These specific contracts are indemnity , Guarantee , Bailment , Pledge and Agency. Definitions :- 1. - ing to Pollock :- ? Every agreement and promise enforceable at law is a contract.? 2- ing to Salmond :- ? A contract is an agreement creating and defining obligation between the parties.?