Section 2 - Interpretation clause - Indian Contract Act, 1872

..... Interpretation clause. 2. In this Act the following words and expressions are used in the following senses, unless a contrary intention appears from the context:— (a) When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal: (b) When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted. A proposal, whe .....

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Section 2 - Interpretation clause - Indian Contract Act, 1872

x x x x x   Extracts   x x x x x