BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The parties can even choose to resolve the disputes either through Arbitration or through the civil courts. Every breach of Contract confers contractual obligation upon a party to make good of the other party with regard to such a breach.

Detailed explanation-2: -It is a fundamental principle of contract law that, subject to certain exceptions, only a party to a contract (or deed) can enforce that contract.

Detailed explanation-3: -(4) When a part of a contract which, taken by itself, can and ought to be specifically performed, stands on a separate and independent footing from another part of the same contract which cannot or ought not to be specifically performed, the court may direct specific performance of the former part. Explanation.

Detailed explanation-4: -The enforcing contracts indicator measured the time and cost for resolving a commercial dispute through a local first-instance court, and the quality of judicial processes index, evaluating whether each economy had adopted a series of good practices that promote quality and efficiency in the court system.

Detailed explanation-5: -The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.