CIRCUMSTANCES LEADING TO LAPSE OF AN OFFER
INTRODUCTION TO LAPSE OF AN OFFER A contract is formed between two parties when one party makes an offer to another with the intent of obtaining the other party's approval to the offer. Once the ...
Read More
Offer and Acceptance
Contracts play a vital role in our everyday life ranging from employment contracts to insurance policies. In Fact, we enter into contracts even without thinking, for example, while downloading an appl...
Read More
TYPES OF OFFER UNDER INDIAN CONTRACT ACT, 1872
I. MEANING OF OFFER OR PROPOSAL UNDER INDIAN CONTRACT ACT, 1872 Under Indian Contract Act, 1872 the term ‘Offer’ and ‘Proposal’ is used interchangeably. An offer and its acceptance is the ...
Read More