Law Of Offer And Acceptance

Law of offer and acceptance; The contract Act Contains rules regarding Offer which is narrated under bellow: 1) An offer may be express or may be implied from the circumstances. 2) An offer may be made to a definite person. 3) Legal relationship is required. 4) The terms of the offer must be certain, definite, unambiguous and not vague; 5) A mere statement of intention is not an offer; 6) An offer must be communicated to the offer; 7) An offer may be conditional.

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