Contract act

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02 April 2015 What you mean by Tacit Contract ? ,what is the provisions and situation behind the Tacit contract ?

02 April 2015 Tacit Contract: A tacit contract is one which is inferred from the acts or conduct of the parties or from the circumstances of the cases. In tacit contracts, terms and conditions of the contracts are known to the parties.
E.g.: Withdrawing case from an ATM., e.g.: A uses metro train to commute from Dumdum to Maidan Using metro card.


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