Anson defined the “contract” in the following terms As an economic means, the treaty is based on the concept of consensual exchange and has been the subject of more in-depth debate in a more general form economically, sociologically and anthropologically (see “contract theory” below). In American English, the term goes beyond legal meaning and encompasses a broader category of agreements.  To reach an agreement, the following ingredients are required: The above statement is correct under the Indian Contract Act 1872. In accordance with point 2 (h) for Contract 2, elements are essential. Contractors are contractual when they are: Thus, a merchant agrees to buy stolen goods. The thief has no recourse because the agreement to purchase the goods was non-asstreig, because he helped a thief to obtain the benefit or his crime. For example, if Devdas asks Paro not to marry for the rest of his life, he will give him a new dress and shoes for it; it cannot be considered a valid contract, since the agreement is concluded in the withholding of the marriage. These agreements are not concluded, which are based on one of the above themes. There is no liability for non-performance of the contract and, therefore, the terms of the contract are not binding on any of the parties. The above conditions must be met for an agreement to be legally applicable. The agreement expires when one of these conditions is not met, unless, in the case of free consent, the agreement is not in arre between, rather than null and void, and the party whose consent was not free at the time of the conclusion of the contract gives the right to pursue the contract or not. In the example above, there is a legal obligation to enter into the agreement/agreement of both parties, that is what it is called the Legal Agreement and it is also a contract. (In the chikam Amiraju case against Chickam Seshamma, it was found that the risk of suicide would amount to an act of coercion under Section 15 of the Contracts Act) To enter into a contract, it is important that no contract is possible without an agreement, but we cannot say that all contracts are contracts.
Section 2 of the Contracts Act states that “the contract is a legally enforceable agreement.” All agreements .B.