Business Studies, asked by shafaquey32, 3 days ago

what is Indian Contact Act? Explain it.​

Answers

Answered by majidalimondal46
1

Answer:

The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles of English Common Law. It is applicable to all the states of India.

Answered by Anonymous
5

Explanation:

The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles of English Common Law. ... Under Section 2(h), the Indian Contract Act defines a contract as an agreement which is enforceable by law.

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