Business Law Mba Bba Notes MBA-302: BUSINESS LAWS UNIT-I Contract Act, 1872: Definition of a Contract and its essentials, Formation of a valid Contract - Offer and Acceptance, Consideration, Capacity to Contract, Free consent, Damages for breach of a contract, Quasi contracts, Contract of Indemnity and Guarantee, Bailment and Pledge, Agency. Indian Contract Act 1872 Pdf UNIT-II