Offer and Acceptance
Subject: Law | Topics:

The process of a lawful offer by one party and the lawful acceptance of the offer by the other party make all contracts. This is the most important part of commercial law because every commercial transaction starts from an agreement between two or more persons.

According to Anson “A contract is an agreement enforce at law made between two or person by which right are acquired by one or more to act or forbearance on the part of the other.

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