Following are the essential requirements of a Contract as per Indian Contract Act 1872. a) Two Parties : For the formation of a contract there must be two parties i.e. promisor and promisee. The who makes the proposal is called the promisor and the person to whom the proposal is made called the promisee. b) An Agreement : According to Indian Contract Act section 2(e), every promise and every set of promises, forming the consideration for each other is an agreement.  And when at the desire of the promisor, the promisee or any other person has done or abstained from doing something, such act or abstinence or promise is called consideration for the promise under section2(e) of Indian Contract Act. An agreement implies an offer and its acceptance. When an offer is accepted it becomes an agreement. It is not necessary that every [+]

According to Indian Contract Act 1872 ” an agreement enforceable by law is a Contract”. From the above definition of contract we can say that every contract is the result of the combination of two important elements, that is agreement and obligation. A contract creates rights and obligations between the parties entering into a contract. Refusal by any one party to a contract to honor a contracted obligation gives a right of action to another party. [+]

Three Principal ways to measure Overall internet usage in the form of Web Statistics Basically there are three principal ways to measure internet usage a)     user centric b)     website centric c)     network centric User-Centric Internet Usage Measurement User-Centric Internet Usage Measurement involves convincing users to install software which track most of there information’s. For example – Browser toolbar this is one of the most obvious approaches.  But toolbars have some limitations they can track standard websites only.  Best example for this is Alexa The second approach is to convince user to install an application which tracks both browser and other internet application usage. Panel based measurement takes this approach. In some cases the users are well aware of their participation in a panel (and may alter their behavior accordingly); in other cases, users have chosen to install software to receive a specific benefit – the user might not [+]