Professional Documents
Culture Documents
Prof.Sucheta.Kanchi
Definition:
According to Indian Contract Act,1982;
Sec2(b), A proposal when accepted
becomes a promise and when the
person to whom the proposal is made
signifies his assent thereto, the proposal is
said to be accepted
Essentials of valid acceptance:
1. Acceptance must be given by offeree:
An offer can be accepted only by the person
to whom it is made