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BY RIDHI AND TANUREEMA

 According to the Indian Contract Act , 1872 “ when


the person to whom the proposal is made signifies his
assent thereto, the proposal is said to be accepted”

 ACCEPTANCE HOW MADE ?

 Acceptance may be expressed or implied. It is express


when the acceptance has been signified in writting , or
by word of mouth , or by performance of some required
act.

 Acceptance is implied when it is to be gathered from


the surrounding circumstances or the conduct of the
parties.
 In the case of specific offer, it can be accepted only by
the person to whom it is made.

 Essentials of a valid acceptance :

(a) Absolute and unqualified


(b) Communicated to the offeror
(c) According to the mode prescribed
(d) Within the specified time
(e) In responseto an offer
(f) Before the lapse of offer
(g) By the offeree only
 Law does not allow making of an agreement in the
future. The parties must agree on terms of the
agreement . The terms of the agreement must be
either definite or capable of being made definite
without further agreement of the parties.

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