Prof. Treitel defines a proposal being an expression of willingness to contract on specified conditions, produced Using the intention that it is to become binding when it can be approved by the individual to whom it really is tackled. The person building the present is called the offeror. An offer exists Every time the target inference with the offeror’s words and phrases or conduct is these kinds of that they plan to commit themselves legally on the conditions they propose.
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There are several groups and sub-categories of commercial contracts. Examples of the lessons of contracts we can put together contain:
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