Types of Contract | Types of Contract CA Foundation | Types of Contract in Indian Contract Act 1872

In this video I have covered different kinds of Contracts which includes
1. Valid Contract
2. Void Contract
3. Voidable Contract
4. Unenforceable Contract
5. Express Contract
6. Implied Contract
7. Constructive / Quasi Contract
8. E- Com Contract / Contract over Internet
9. Executed Contract
10. Executory Contract
11. Unilateral Contract
12. Bilateral Contract
with the help of Examples in a very Easy language. You can also make law notes by pausing the video.
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[@ProfEvneetsCOMMERCECLASSES]

There is a mistake in my explanation of Bilateral Contract...Sorry for the same....A bilateral Contract is a reciprocal arrangement between two parties by which each party promises to perform an act in exchange for the other's party act. For example A offers some goods for sale at an agreed price after one month to B and B agrees to pay for the goods when he receives them.
Executed contract means when both the parties have performed their obligation .So bilateral agreement becomes executed agreement when both the parties perform their obligation

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Such a nice explanation,along with the example which makes the each contract easy to understand....

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Bilateral contact is one where the obligation is outstanding on both the parties......🙂

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[@ProfEvneetsCOMMERCECLASSES]

Thank you 🙏....Link for All Business Laws Videos -
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[@ProfEvneetsCOMMERCECLASSES]

There is mistake in my explanation...Sorry for the same....A bilateral agreement is a reciprocal arrangement between two parties by which each party promises to perform an act in exchange for the other's party act. For example A offers some goods for sale at an agreed price after one month to B and B agrees to pay for the goods.
when he receives them.

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So what's the difference between executory contract and unilateral contract ?

[@up25vloger2]

Mam all the explanation is outstanding....but plz tell the difference b/w executed contract and bilateral contact as they are looking me same???

[@ProfEvneetsCOMMERCECLASSES]

There is mistake in my explanation...Sorry for the same....A bilateral agreement is a reciprocal arrangement between two parties by which each party promises to perform an act in exchange for the other's party act. For example A offers some goods for sale at an agreed price after one month to B and B agrees to pay for the goods.
when he receives them.
Executed contract means when both the parties have performed their obligation .So bilateral agreement becomes executed agreement when both the parties perform their obligation

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[@ProfEvneetsCOMMERCECLASSES]

Thank you 🙏...Link for All Business Laws Videos -
ua-cam.com/play/PLzzbkTuXLDmP8IdWh_8k5IavwSnVSp5eN.html

[@ProfEvneetsCOMMERCECLASSES]

There is mistake in my explanation...Sorry for the same....A bilateral agreement is a reciprocal arrangement between two parties by which each party promises to perform an act in exchange for the other's party act. For example A offers some goods for sale at an agreed price after one month to B and B agrees to pay for the goods.
when he receives them.

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Mam bilateral contact is a contract where both the parties have still to perform their part of the obligation or there yet remain something to be done under the contract from both the sides.

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[@ProfEvneetsCOMMERCECLASSES]

There is a mistake in my explanation of Bilateral Contract...Sorry for the same....A bilateral Contract is a reciprocal arrangement between two parties by which each party promises to perform an act in exchange for the other's party act. For example A offers some goods for sale at an agreed price after one month to B and B agrees to pay for the goods when he receives them.
Executed contract means when both the parties have performed their obligation .So bilateral agreement becomes executed agreement when both the parties perform their obligation

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[@ummekulsum882]

1.void contract
2. Voidable contract
3. Unenforceable contract
4.express contract
5.Implied contract
6. Constructive or Quasi contract
7. E-contracts/ Contracts over internet
8. Executed contract
9. Executory contract
10. Unilateral Contract
11. Bilateral contract

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