When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be…
Under s.2(b) of the Indian Contract Act, 1872, when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted, and a…
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When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted. A proposal, when accepted:
Answer and explanation
Correct answer B
Under s.2(b) of the Indian Contract Act, 1872, when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted, and a proposal, when accepted, "becomes a promise". Consideration and enforceability are further elements required under s.2(e) and s.2(h) of the Act.
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