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  1. Sep 5, 2024 · The Indian Contract Act, 1872 contemplates that an aggrieved party shall be entitled to receive a compensation for damages in the event of any breach of a contract, however, damages must be such that have occurred in due course and on account of the specific breach.

  2. Sep 17, 2024 · If you are involved in a breach of contract claim, you may (1) amend the contract, (2) terminate the contract, (3) sue for damages, or (4) negotiate and settle. What are the rules of a verbal contract?

  3. Sep 6, 2024 · What is a contract? A contract is a legally binding agreement between two or more parties. It sets expectations and establishes what is required from each involved. In legal terms, a contract creates an obligation or promise to perform (or not perform) a particular duty.

  4. Sep 13, 2024 · Hard bargaining: Hard bargaining is a strategy in which one party refuses to compromise in an agreement. Future promise: A person using this tactic can promise the other party a future benefit in exchange for current concessions.

  5. www.deloitte.com › legal › servicesContracts - Deloitte

    1 day ago · Too often, businesses are grappling with a complex contracting landscape that is hard to navigate. Contracts are passed through many hands, supported by inconsistent and inadequate processes, resulting in poor contract data. Collectively this leads to a lack of clarity and loss of value. But there is a way forward.

  6. Sep 20, 2024 · 2. Hard contracts. Phone plans and contracts are the best example of hard contracts. When you sign up for a plan, you get a phone for free (or for a small down payment). You then pay a monthly fee to use it. These fixed contracts span from as little as six months up to two or three years.

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  8. 2 days ago · (a) There are three types of indefinite-delivery contracts: definite-quantity contracts, requirements contracts, and indefinite-quantity contracts. The appropriate type of indefinite-delivery contract may be used to acquire supplies and/or services when the exact times and/or exact quantities of future deliveries are not known at the time of ...