Question

what is law of contract in business law?

Answer 1

Answer:

The law of contract is that branch of law which determines the circumstances in which promises made by the parties to a contract shall be legally binding on them. In simple words, the purpose of law of contract is to ensure the realization of reasonable expectation of the parties who enter in to contract.

Explanation:

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Answer 2

Answer:

The law of contract is that branch of law which determines the circumstances in which promises made by the parties to a contract shall be legally binding on them. In simple words, the purpose of law of contract is to ensure the realization of reasonable expectation of the parties who enter in to contract.

Explanation:

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