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Questions and Answers
What is the act of one person signifying willingness to do or abstain from doing anything with a view to obtaining the assent of another called?
What is the act of one person signifying willingness to do or abstain from doing anything with a view to obtaining the assent of another called?
In the Indian contract act, what is the term used for the assent of the person to whom the proposal is made?
In the Indian contract act, what is the term used for the assent of the person to whom the proposal is made?
What is the term used in the Indian contract act for the act of withdrawing the proposal before it is accepted?
What is the term used in the Indian contract act for the act of withdrawing the proposal before it is accepted?
What is the act of one person signifying willingness to do or abstain from doing anything with a view to obtaining the assent of another called?
What is the act of one person signifying willingness to do or abstain from doing anything with a view to obtaining the assent of another called?
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What term is used in the Indian contract act for the assent of the person to whom the proposal is made?
What term is used in the Indian contract act for the assent of the person to whom the proposal is made?
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What is the term used in the Indian contract act for the act of withdrawing the proposal before it is accepted?
What is the term used in the Indian contract act for the act of withdrawing the proposal before it is accepted?
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Study Notes
Contract Essentials
- An offer is the act of one person signifying willingness to do or abstain from doing anything with a view to obtaining the assent of another.
- Acceptance is the term used in the Indian Contract Act for the assent of the person to whom the proposal is made.
- Revocation is the term used in the Indian Contract Act for the act of withdrawing the proposal before it is accepted.
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Description
Test your knowledge of the Indian Contract Act with this quiz on Section 2(a) about the definition of a proposal. Assess your understanding of the legal concept and its application in contractual agreements.