Contract Law is an important subject or area of study for the CLAT PG exam because it is a fundamental subject in legal education and practice. It forms the basis for understanding more complex areas of law such as Commercial Law, Corporate Law and International Trade Law. The principles of contract law are applicable in a wide range of legal scenarios, including business transactions, employment agreements and personal service agreements. Therefore, understanding these principles is crucial for any legal professional.
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Contract law cases often involve intricate legal reasoning and analysis. It also helps in developing critical and analytical skills. It acts as a rich body of judicial precedents and increases a candidate’s ability to interpret and apply these principles accurately. Hence, a foundational subject like contract law is very essential for getting successful in the CLAT 2027 entrance examination.
The preparation for contract law should be done in a very detailed and peculiar manner because it is very vast and it is also considered as the mother of all subjects. So, to make your preparation easier and more interesting, here is a typical breakdown of CLAT PG Contract Law topics for an effective and smooth way of studying.
• General Principles of Contract
• Legality of Object and Consideration
• Performance of Contracts
• Remedies for Breach of Contract
• Special Contracts
• Contract of Indemnity and Guarantee
• Contract of Bailment and Pledge
• Contract of Agency
According to the bifurcation as mentioned earlier, design an appropriate timetable with proper time allocation estimated for every topic individually. The time required for each chapter might be based on its difficulty level and complexity. Hence, divide time frames according to your feasibility. Further to make it more simplified, try making weekly schedules, this will ensure optimum utilisation of your monthly preparation without wastage of time and effort.
The offer and acceptance are the basis of the contract law subject. The candidate must specifically focus on the nature of the offer as a legally binding agreement, communication and revocation of offer, which means that both must be duly communicated to the concerned authority and lastly focus on the acceptance and its rules wherein you must study the conditions related to the acceptance of a proposal.
Consideration is defined under Section 2(d) of the Indian Contract Act, of 1872. The essential conditions of considerations must be studied peculiarly. Then, focus on the doctrine of privity of contract and exceptions to the consideration.
In the capacity to contract, you must primarily focus on who can enter into a contract or the parties competent to contract. Further, pay attention to classifications such as, minors, persons of unsound mind and disqualified persons.
Under the ambit of free consent, you must majorly study, coercion, undue influence, misinterpretation, fraud and mistake. Study all these elements of free consent in a detailed manner along with case laws and exceptions.
Furthermore, study the lawful and unlawful objects along with the definition and types of void agreements. Prioritize focusing on examples of agreements, agreements with unlawful objects and agreements that are inherently uncertain or impossible to perform.
Contingent contracts are agreements that depend on the occurrence or non-occurrence of future uncertain events. They are enforceable only when the specified event happens or fails to happen, as stipulated in section 31 of the Indian Contract Act, 1872. If the event becomes impossible, the contingent contract becomes void.
The performance of the contract must be precise as per the terms agreed upon by the parties. The promisor must perform their obligation at the time and place specified, or within a reasonable time if none is specified, ensuring all conditions are met to the satisfaction of the promise. In the case of joint promises, all promisors are jointly liable for the performance of the contract unless the contract specifies otherwise.
The contracts can be discharged through performance, mutual agreement, impossibility of performance, operation of law or breach. The discharge of contracts has majorly these elements to be ensured, that is by performance, agreement, impossibility and breach.
The damages its types and measures of damages must be studied in detail. Further, focus on specific performance and injunctions that are required to enforce contractual obligations. Thirdly study quantum meruit, its meaning and scope as to how it is relevant to breach of contract and damages.
The contract of indemnity and guarantee are the two types of contracts that involve a lot of technicalities. However, you may focus on the nature and definition of indemnity and guarantee along with the rights and duties (contractual obligations) of an indemnifier, indemnified, surety and principal debtor.
The contract of bailment and pledges are also the two types of contracts that involve a lot of technicalities. You must in detail read about the definition and nature of bailment and pledge along with the rights and duties (contractual obligations) of a bailor, bailee, pledgor and pledgee.
In the contract of agency, pay attention to the nature and types of agencies, rights and duties with detailed reference to the situations leading to the creation and termination of the agency.
The overall general strategy to study Contract Law for CLAT PG 2027 includes prioritizing difficult topics along with the consistency in study routine. In addition, take regular breaks during study sessions and practice solving questions and improving from them.and lastly, stay updated and keep track of new amendments and developments. Moreover, by following this structured approach and distributing your time effectively, you can ensure comprehensive coverage and thorough revision of all important contract law topics for the CLAT PG exam.
For effective preparation, the most crucial step would be gathering the study materials, especially well-regarded CLAT PG books such as:
Contract Law Best Book for CLAT PG 2027 | Book Title | Author |
Law of Contract | R.K. Bangia | |
Law of Contract | Avtar Singh | |
The Law of Contracts | Anson | |
Contract Law: Text and Cases | Ewan McKendrick | |
Contractual Obligations | G.H. Treitel |
Then, you may also understand the language of the bare act and keep it handy so that you may refer to it whenever you are stuck or have a doubt.
You may also check other CLAT PG Topics:
Frequently Asked Questions (FAQs)
According to the Indian Contract Act of 1872, a person having the age of maturity, sound mind and is not disqualified from contracting by any law is referred to as competent to contract.
A contingent contract is where the performance depends on the occurrence or non-occurrence of an uncertain future event.
The essentials include an offer and acceptance, and intention to create legal relations. Lawful consideration, capacity of parties, free consent, lawful object and certainty and possibility of performance.
An offer is a proposal by one party to another to enter into a legally binding agreement. It must be communicated to the offeree, and the terms must be certain and definite.
A consideration is something of value exchanged between parties of a contract. It can be an act, forbearance or a promise and is essential for a contract to be enforceable.
On Question asked by student community
Hello there,
Having a 15000 general rank and 1740 as your SC category rank, your chances of securing a seat are very low. As per the previous trends, it is a direct no for you to get into the top-tier NLUs since the closing general rank is around 1500-3000. If
With a CLAT PG rank of 1257 in the SC category and being a woman candidate with Rajasthan domicile, you do have a realistic chance of securing admission to several National Law Universities, though the top NLUs may be difficult at this rank. Admission chances depend heavily on category-wise cut-offs,
With a CLAT PG rank of around 11,000, getting admission into the top National Law Universities (NLUs) is not likely, as their general category cut-offs usually close much earlier. However, you still have realistic chances in lower-ranked and newer NLUs, especially in the later rounds of CLAT counselling or through
Hello,
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