PAPER-LL CONTRACTS-I_ (General Principles of Law of Contract) UNIT-1. History and nature of contractual obligations-writs of debt, covenant and account-actions ‘on the case and on assumptionist consideration-moral basis for contractual obligations subjective and objective theories sanctity of contracts. UNIT-2, Agreement and contract definitions, elements and different kinds. UNIT-3. Proposal and acceptance: Their various forms-essential elements, communication and tations for proposal-floating offers-tenders-dumpingof goods UNIT-4, Consideration, Nudum pactum-its need, meaning, kinds, essential elements-privity of contact and considerations-its exception adequacy of consideration present, past and adequate consideration, unlawful consideration and its effects views of law commission of India on consideration-evaluation of the doctrine of consideration UNIT-5. Capacity to contract: Meaning-incapacity arising out of status and mental defect minor's agreements-definition of “minor”-accessories supplied to a minor-agreements beneficial ‘and detrimental to a minor affirmation-ratification in cases by a person of an agreement made by him while he was a minor-agreements and estoppels-evaluation of the law relating to minors agreements-other illustrations of incapacity to contract. UNIT-6. Free consent: Its need and definition-factors vitiating free consent Coercion-definition-factors elements-duress and coercion-various illustrations of coercion doctrine of economic duress-effect of coercion-evaluation of Sec. 15. Undue influence-definition-essential _elements-between which __influence- independentadvice- paradarhanashin women-unconscionable bargains effect of undue influence, Misrepresentation-definition-misrepresentation of law and of fact-their effects and Ilustrations Fraud-definition-essential elements-suggestion-fulse suppressio veri-when does silence amounts to fraud? Active concealment of truth-importance of intention. Mistake-definition-kinds-fundamental error-mistake of law and of fact-their effects-when does a mistake vitiate free consent and when does it not vitiate from consent?. UNIT-7. Legality of objects ‘Void agreements-lawful and unlawful consideration and objects Void, Voidable, Illegal and unlawful agreements and their effects. Unlawful considerations and objects Forbidden by law Defeating the provision of any law Fraudulent Injurious to person or property Immoral Against public policy Agreements without consideration Agreements without consideration ‘Agreements in restraint of marriage Agreements in restraint of trade-its exceptions-sale of good will, sec.11 restrictions, under the partnership act, trade combinations exclusive dealing agreements, restraints on employees under agreements of service. ‘Agreements in restraint of legal proceedings-its exception Uncertain agreement ‘Wagering agreements-its exceptions UNIT-8. Discharge ofa contract and its various moods: 14By performance-conditions of valid tender of performance-how? By whom? Where? When- in what manner? Performance of reciprocal promises- time essence of contract By breach-anticipatory breach and present breach Impossibility of performance-specific grounds of frustration-application to leases. ther frustration-effect of frustration-frustration and restitution, By period of limitation, By agreement recession and alteration-their effect-remission and waiver of performance extension of time-accord and satisfaction. UNIT-9. Quasi contracts or certain relations resembling those ereated by contract UNTT-10, Remedies in contractual relations Damages-kinds-remoteness of damages ascertainment of damages, Injunction-when granted and when refused-why? Refund and restitution Specific performance-why? When? Specific performance of contracts under Specific Relief Act 1969 Recession of contracts Cancellation of instruments Declaratory decrees Preventive relive of