Indian Contract Act, 1872
Section - 2 - Interpretation clause
Interpretation clause
2. In this Act the following words and expressions are used in the following senses, unless a contrary intention appears from the context :
| (a) | - | When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal; |
| (b) | - | 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; |
| (c) | - | The person making the proposal is called the "promisor", and the person accepting the proposal is called "promisee"; |
| (d) | - | When, at the desire of the promisor, the .... To read the full section download the app from Google Play store
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