kinds of contract based on validity formation and performance ?
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ᴏɴ ᴛʜᴇ ʙᴀsɪs ᴏғ ᴠᴀʟɪᴅɪᴛʏ. ᴛʏᴘᴇs ᴏғ ᴄᴏɴᴛʀᴀᴄᴛs ᴏɴ ᴛʜᴇ ʙᴀsɪs ᴏғ ғᴏʀᴍᴀᴛɪᴏɴᴏɴ ᴛʜɪs ʙᴀsᴇ ᴄᴏɴᴛʀᴀᴄᴛs ᴄᴀɴ ʙᴇ ᴄʟᴀssɪғɪᴇᴅ ɪɴᴛᴏ ᴛʜʀᴇᴇ ɢʀᴏᴜᴘs, ɴᴀᴍᴇʟʏ ᴇxᴘʀᴇss, ɪᴍᴘʟɪᴇᴅ, ǫᴜᴀsɪ ᴄᴏɴᴛʀᴀᴄᴛs. ᴇxᴘʀᴇss ᴄᴏɴᴛʀᴀᴄᴛs:ᴛʜᴇ ᴄᴏɴᴛʀᴀᴄᴛs ᴡʜᴇʀᴇ ᴛʜᴇʀᴇ ɪs ᴇxᴘʀᴇssɪᴏɴ ᴏʀ ᴄᴏɴᴠᴇʀsᴀᴛɪᴏɴ ᴀʀᴇ ᴄᴀʟʟᴇᴅ ᴇxᴘʀᴇssᴄᴏɴᴛʀᴀᴄᴛs.
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On the basis of Validity. Types of Contracts on the basis of FormationOn this base Contracts can be classified into three groups, namely Express, Implied, Quasi Contracts. Express Contracts:The Contracts where there is expression or conversation are called ExpressContracts.
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