The contracts are not only applicable to the business but are also part of our everyday life. A legal contract can be made by the simple act of purchasing a newspaper, using a credit card to purchase shoes, buying a dress, or paying the parking fee.
Structure of The Indian Contract Act, 1872
Part - 1General Principles of Contracts(Sec. 1 to 75)
Part - 2Contracts Relating to Sale of Goods(Sec. 76 to 123)Repealed byThe Sale of Goods Act, 1930
Part - 3Special Contracts(Sec. 124 to 238)
Part - 4Contracts Relating to Partnership(Sec. 239 to 266)Repealed byThe Indian Partnership Act, 1932
Schedule - 1Which is repealed by Section 3 of the Repealing and Amending Act, 1914.