Unit I · Law of Contract – I

Essentials of a valid contract, offer and acceptance

Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.

Statute sections

Act / instrumentSectionName
Indian Contract Act, 1872 2(h) Contract
Indian Contract Act, 1872 2(a) Proposal
Indian Contract Act, 1872 2(b) Promise / acceptance
Indian Contract Act, 1872 3–5 Communication and revocation of proposal and acceptance

Landmark cases