The second part Sections 124-238 deals with certain special kinds of contracts. Acceptance of an offer must be communicated.
Acceptance Is A Vital Part Of The Contract Process It Is The Unconditional Agreement To The Precise Terms And Con Offer And Acceptance Acceptance Contract Law
2h of the Act agreement enforcement by law is a contract.
. The Act is divisible into two parts. 10 of the Act agreement are contracts if they. The first part Section 1- 75 deals with the general principles of the law of contract and therefore applies to all contracts irrespective of their nature.
In a situation where the offerer says that silence means consent the offer is considered invalid. 2e of the Act every promise and every set of promises forming the consideration for each other is an agreement and by referring to S. When both offer and acceptance obtained a promise had formed.
For example if you are looking to renovate your house you may negotiate with a. The Indian Contract Act mostly deals with the general principles and rules governing contracts. Lawyers on UpCounsel.
When the offer is accepted the mirror image rule applies and a contract is legally formed. If you need help understanding an offer in law of contract you can post your legal need on UpCounsels marketplace. By referring to S.
UpCounsel accepts only the top 5 percent of lawyers to its site. The mirror image rule law a contract is formed when a person makes an offer to another person to be legally bound by some terms and conditions and the other party accepts the offer as-is.
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