JusCorpus

contract

09 Jul: FRUSTRATION OF PURPOSE IN ENGLISH AND INDIAN CONTRACT LAW

Offer, acceptance and consideration are the three essential features of an enforceable contract. A contract requires completion and can only be discharged when both contracting parties fulfil their obligations, according to the terms of the contract. As a rule, in case of breach of contract, the defaulting party must compensate for the damages suffered by the innocent party. However,