Contract Law

Unpaid Seller: Under the Sale of Goods Act, of 1930, it is essential that in the contract of sale, the seller when selling his property or goods the seller becomes entitled to be paid consideration as agreed. Sometimes it may happen that a transaction of Sale has taken place but

Contract Law Definition:  Basically, the definition of contract law is that it is an exchange of promises by two or more persons resulting in an obligation to do or refrain from doing a particular act, which obligation is recognized and enforced by law. Related Post: Discharge of Contract Meaning of