BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The Indian Contract Act 1872 defines acceptance in Section 2 (b) as “When the person to whom the proposal has been made signifies his assent thereto, the offer is said to be accepted. Thus the proposal when accepted becomes a promise.”

Detailed explanation-2: -Acceptance in contract act. According to Section 2(b), “When the person to whom the proposal is made, signifies his assent thereto, the offer is said to be accepted. A proposal, when accepted, becomes a promise."

Detailed explanation-3: -8. Acceptance by performing conditions, or receiving consideration.-Performance of the conditions of a proposal, or the acceptance of any consideration for a reciprocal promise which may be offered with a proposal, is an acceptance of the proposal.

Detailed explanation-4: -The act that deals with acceptance is Section 2(b) of Contract Act 1950 states that when the person; the one who the proposal is made to has signifies his assent, the offer is said to be accepted and become a promise.

Detailed explanation-5: -Section 2(A) For an offer to be valid in the eyes of the law, it must be communicated to the offeree (i.e., the party on the receiving end of the offer). It must be clear and precise to receive the consent of the other party to form an agreement.