Free Consent,legality Of Object,performace Of Contract Presentation

Introduction
Definition of Free Consent in Contract Law. Importance of Free Consent in forming a valid contract. Key elements of Free Consent.	Image Source
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Types of Consent
Express Consent: Clearly and explicitly stated consent. Implied Consent: Consent inferred from the conduct of the parties. Coerced Consent: Consent obtained through force or duress.	Image Source
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Factors Affecting Free Consent
Mistake: When one or both parties have an incorrect understanding of the contract terms. Misrepresentation: False statement made by one party to induce the other party to enter into the contract. Undue Influence: Unfair persuasion exerted by one party on the other.	Image Source
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Consequences of Lack of Free Consent
Contract may be voidable at the option of the aggrieved party. Aggrieved party may choose to rescind the contract or seek damages. Innocent party may also seek restitution to be restored to their original position.	Image Source
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Legality of Object
Definition of Legality of Object in Contract Law. Requirement for the object of the contract to be lawful. Contracts with illegal objects are void and unenforceable.	Image Source
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Prohibited Contracts
Contracts to commit a crime or engage in illegal activities. Contracts that are against public policy. Contracts that are fraudulent or involve misrepresentation.	Image Source
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Performance of Contract
Definition of Performance of Contract. Parties are obligated to fulfill their respective obligations as per the terms of the contract. Non-performance or breach of contract may lead to legal consequences.	Image Source
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Remedies for Breach of Contract
Specific Performance: Court orders the breaching party to fulfill their obligations as per the contract. Damages: Monetary compensation awarded to the non-breaching party. Rescission: Contract is canceled, and parties are restored to their original positions.	Image Source
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Conclusion
Free Consent, Legality of Object, and Performance of Contract are vital aspects of contract law. Understanding these concepts helps ensure the validity and enforceability of contracts. It is important to seek legal advice to protect your rights and interests in contractual relationships.	Image Source
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