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ALC Lecture3 LOC-I

The document outlines the different classifications of contracts based on enforceability, creation, and execution. It defines valid, void, voidable, illegal, and unenforceable contracts, as well as express, implied, quasi, and tacit contracts. Additionally, it discusses executed, executory, partly executed, unilateral, and bilateral contracts.

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HARSH KUMAR
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25 views6 pages

ALC Lecture3 LOC-I

The document outlines the different classifications of contracts based on enforceability, creation, and execution. It defines valid, void, voidable, illegal, and unenforceable contracts, as well as express, implied, quasi, and tacit contracts. Additionally, it discusses executed, executory, partly executed, unilateral, and bilateral contracts.

Uploaded by

HARSH KUMAR
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Law of Contract I

ALC_Lecture3_Introduction to law of
Contract I

BY: GANESH DESHMANE


ASST. PROF. LAW
ARMY LAW COLLEGE, PUNE
Contracts on the basis of enforceability
/ Validity:
a) Valid contract:
b) Void Contract:
d) Voidable contract
e) Illegal Agreement:
f) Unenforceable contract:
Contracts on the basis of creation / formation

a) Express contract:
b)Implied contract:
c) Quasi or constructive contract
d)Tacit Contract
Contracts on the basis of execution /
Performance:
a) Executed contract:
b) Executory contract:
c) Partly executed and partly executory
contract:
d. Unilateral contract
e. Bilateral contract
Thank you

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