The term Offer is also called as Proposal. The first step in the formation of a contract is the making of a proposal. To consti...
Showing posts with label Offer and Acceptance. Show all posts
Showing posts with label Offer and Acceptance. Show all posts
Communication of the Acceptance
An acceptance to be valid and legally binding, it must be communicated to the offeror. According to Section 2(b) When a person ...
Revocation of Acceptance
1. Acceptance Acceptance of Offer / Proposal is very essential for formation of a contract . According to Section 2(b) of the In...
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