Types of Contract Uma

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TYPES OF CONTRACT DEFINITIONS  A contract is an agreement made between two or more parties which the law will enforce. Sec 2(h) defines a contract as an agreement enforceable by law.  Pollock:“ Every agreement and promise enforceable at law is a contract.”  Salmond: “ A contract is an agreement creating and defining obligations between the parties.” C O N T R AC T AGREEMENT + ENFORCEABILITY AG R E E M E N T An agreement is defined as “ every promise and every set of promises, formi
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   TYPES OFCONTRACT  DEFINITIONS   A contract is an agreement made between two ormore parties which the law will enforce. Sec 2(h)defines a contract as an agreement enforceable by law.  Pollock: “ Every agreement and promise enforceableat law is a contract. ”    Salmond: “ A contract is an agreement creating anddefining obligations between the parties. ”    CONTRACT AGREEMENT +ENFORCEABILITY     AGREEMENT   An agreement is defined as “ every promise andevery set of promises, forming consideration foreach other. ” A proposal when accepted becomes apromise.  Agreement= Offer + Acceptance 
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