Definition of Contract According to Indian Contract Act. https://www.owlgen.com/question/definition-of-contract-according-to-in...

According to Section 2(h) of the Indian Contract Act, An agreement enforceable by

law is a contract. A contract, therefore, is an agreement the object of which is to create
a legal obligation i.e. a duty enforceable by law. The essentials of valid contracts are

Agreement As per Section 2(e): Every Promise and every set of promises,
forming the consideration for each other, is an agreement. Thus it is clear from
this definition that ‘a Promise’ is an agreement.
Legal obligation: As stated above, an agreement to become a contract must
give rise to a legal obligation e. a duly enforceable by law. If an agreement is
incapable of creating a duly enforceable by law, it is not a contract. Thus an
agreement is a wider term than a contract. All contracts are agreements but all
agreements are not contracts. Agreements of moral, religious or social nature
e.g. a promise to lunch together at a friend’s house or to take a walk together are
not contracts because they are not likely to create a duty enforceable by law for
the simple reason that the parties never intended that they should be attended
by legal consequences.

According to Section 10, of Indian Contract Act, 1872. All agreement are contracts if
they are made by the free consent of the parties, competent to contract, for a lawful
consideration, with a lawful object, are not expressly declared by the Act to be void
and where necessary, satisfy the requirements of any law as to writing or attestation
or registration. The essential elements of a valid contract are as ahead

Offer and acceptance

Intention to create legal relations
Lawful consideration
Capacity of parties
Free consent
Lawful object
Writing and registration
Certainty in Meaning
Possibility of performance
Not expressly declared void.

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