What Are the Different Types of Contracts in India?" ⚖️🤝 #Contracts #IndianLaw #LegalAgreements #BusinessContracts #LexisAndCompany Whether you're starting a business, hiring employees, or buying property , contracts define the rules of engagement ! 🚀 But did you know that not all contracts are legally enforceable ? 🤯 Understanding the types of contracts in India can help you avoid legal disputes and protect your interests! 🏛️💼 ❓ The Common Question: "What are the different types of contracts in India, and how do they work?" 🤔📑 #ContractTypes #BusinessDeals #LegalProtection #EnforceableContracts #KnowYourRights ✅ The Answer: Contracts in India are governed by the Indian Contract Act, 1872 , and can be classified based on validity, performance, and execution . Let’s break them down! 📜🔍 1️⃣ Valid Contracts 🏛️✅ 📌 These contracts meet all legal requirements and are fully enforceable in court . ✅ Examples: Employment Contracts 💼 – Defines salary, job ro...
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