Linking Section Chart of important key terms under the Indian Contract Act, 1872 for easy reference and memory retention. This chart helps you connect the terms with their respective sections and definitions—great for quick revision
Linking Section Chart of important key terms under the Indian Contract Act, 1872 for easy reference and memory retention. This chart helps you connect the terms with their respective sections and definitions—great for quick revision.
Indian Contract Act, 1872 – Key Terms Linking Section Chart
| S.No. | Key Term | Section | Definition / Concept |
|---|---|---|---|
| 1 | Proposal (Offer) | 2(a) | Offer made to do or abstain from doing something to gain assent from the other party. |
| 2 | Acceptance | 2(b) | When the proposal is accepted, it becomes a promise. |
| 3 | Promisor & Promisee | 2(c) | Promisor makes the proposal; Promisee accepts it. |
| 4 | Consideration | 2(d) | Something in return—act or abstinence—done at promisor’s desire. |
| 5 | Agreement | 2(e) | Every set of promises forming consideration for each other. |
| 6 | Reciprocal Promises | 2(f) | Mutual promises forming consideration for each other. |
| 7 | Void Agreement | 2(g) | Agreement not enforceable by law. |
| 8 | Contract | 2(h) | Agreement enforceable by law. |
| 9 | Voidable Contract | 2(i) | Contract enforceable by one party only. |
| 10 | Void Contract | 2(j) | Contract which ceases to be enforceable by law. |
| 11 | Free Consent | 14 | Consent not caused by coercion, fraud, undue influence, misrepresentation, or mistake. |
| 12 | Coercion | 15 | Committing or threatening an act forbidden by IPC to force contract. |
| 13 | Undue Influence | 16 | Dominating will of another to gain unfair advantage. |
| 14 | Fraud | 17 | Intentional deception to enter into a contract. |
| 15 | Misrepresentation | 18 | False statement made innocently leading to contract. |
| 16 | Contingent Contract | 31 | Contract dependent on occurrence of future uncertain event. |
| 17 | Quasi-Contract | 68–72 | Obligation imposed by law even without actual contract. |
| 18 | Contract of Indemnity | 124 | One party promises to save other from loss. |
| 19 | Contract of Guarantee | 126 | A surety guarantees performance by principal debtor. |
| 20 | Bailment | 148 | Delivery of goods for a specific purpose with return condition. |
| 21 | Pledge | 172 | Bailment of goods as security for a debt or performance. |
| 22 | Agent & Principal | 182 | Agent acts on behalf of principal in contractual relationships. |
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