UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 4
April-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIREO06191


Registration ID:
308056

Page Number

877-880

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Title

Communication of Proposal under the Indian Contract Act, 1872

Abstract

In this era of the global pandemic, the use of digital contracts and electronic signatures has become the norm. The Indian Contract Act, 1872 states that, under its definition clause of Section 2(h), the term "Contract" is an agreement that can be enforced by law or an agreement that seeks to establish a legal relationship. It has two essential aspects of it as we split this description down: 1. Contract and 2. Enforceable by legislation. One of the most essential elements of a contract-"offer"-is the communication of the offer. Only once the bid is conveyed will agreement be granted, so that we can move on to other stages of contract formation, such as contracting capability and consideration. Any act or omission of a party presenting, approving or revoking a proposal, by which it proposes to communicate the proposal, approve or revoke it, or by which it intends to communicate that proposal, accept or revoke it, or which has the purpose of communicating it, shall be considered to be the communication of proposals, approval of proposals and acceptance, respectively.

Key Words

Agreement; Acceptance; Communication; Contract; Indian Contract Act, 1872; Offer; Proposal; Section 3; Section 4.

Cite This Article

"Communication of Proposal under the Indian Contract Act, 1872", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.877-880, April-2019, Available :http://www.jetir.org/papers/JETIREO06191.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Communication of Proposal under the Indian Contract Act, 1872", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp877-880, April-2019, Available at : http://www.jetir.org/papers/JETIREO06191.pdf

Publication Details

Published Paper ID: JETIREO06191
Registration ID: 308056
Published In: Volume 6 | Issue 4 | Year April-2019
DOI (Digital Object Identifier):
Page No: 877-880
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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