Offer and Acceptance
Offer and Acceptance
ACCEPTANCE
OFFER
• By section 2(a)
• The person making the proposal is called the proposer or offeror and
the person accepting the proposal is called the offeree.
• Offer must be with a view to obtaining the assent of the other party.
• General offer
• Cross offers
ACCEPTANCE
• When the person to whom the proposal is made signifies his assent
thereto, the proposal is said to be accepted. A proposal when
accepted, becomes a promise.
ESSENTIALS OF A VALID ACCEPTANCE
• Acceptance must be absolute and unqualified.