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The Code of Contract: A Primer for Academia

NOPR - NISCAIR Online Periodicals Repository

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Field Value
 
Title The Code of Contract: A Primer for Academia
 
Creator Maleppillil Vavachan, Vijayakumar
 
Subject Agreement
Funding
Intellectual property
Law
Science administration
 
Description 292-299
A contract is an enforceable agreement in conformity with contract law. The business engagements of academia come
under the purview of contract law, and it relies on the instruments of contract to secure its rights and economic benefits.
Negotiation followed by drafting mutually beneficial agreement terms between contracting parties is critical to establish a
strong business relationship. Drafting a legally correct agreement is quite daunting to scientists and engineers. Owing to
scarcity of related literature in scientific journals and other public domains, the contract law and agreement drafts have all
the more become abstruse to them. The present article addresses these gaps by unfolding the basics of contract law. It
provides them an introduction of fundamental elements of a valid contract. This would help not only in deciphering the
given agreement, but also equip them better for negotiation process and further drafting the agreements to shape valid
contracts.
 
Date 2024-03-06T11:34:48Z
2024-03-06T11:34:48Z
2024-03
 
Type Article
 
Identifier 0022-4456 (Print); 0975-1084 (Online)
http://nopr.niscpr.res.in/handle/123456789/63541
https://doi.org/10.56042/jsir.v83i3.4610
 
Language en
 
Publisher NIScPR-CSIR, India
 
Source JSIR Vol.83(3) [March 2024]