Powell v. Lee (1908) 99 LT 284
Powell v. Lee (1908) 99 LT 284 AUTHOR- FARJANA AKTER COURSE- LLB LOVELY PROFESSIONAL UNIVERSITY, PUNJAB CASE DETAILS Court: King's Bench Division Case Number: 284 Plaintiff: Mr. Powell Defendant: Mr. Lee Citation: (1908) 99 LT 284 INTRODUCTION According to section 2 (h) of the Indian Contract Act of 1872, a contract is an agreed proposition (agreement) that is completely understood by the law, is legally defined, or is enforceable by the law. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it. One of the parties typically makes an offer who is known as an offeror or promisor and the other accepts it who is known as offree or promisee. The opposite party is entitled to legal action if one of the parties breaks their pledge. A contract can only be ratified if both parties have accepted the offer. According to Section 10 of the Act, acceptance and communication by both parties are necessary c...