Discuss the essential elements of a valid contract

Question

23 Jan 2022

Answer :

Word Count : 449

There must be a definite offer by one party and its unconditional acceptance by the other so as to make a contract valid. A person is said to have made an offer, when a person signifies his readiness to do or to abstain from doing something with a view to obtain the consent of the other party. An offer may be general or specific offer. A specific offer is when the offer is made _____ __________ ______ _________ __________.
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