What is an Acceptance? Who can accept an offer? Write the rules regarding the acceptance as per Nepalese Contract Law.

Acceptance and Its Rules under Nepalese Contract Law

MEANING OF ACCEPTANCE Acceptance occurs when an individual to whom a proposal is directed indicates their agreement to it. The individual making the offer is considered to have received acceptance once the agreement has been communicated. This agreement can be either explicit or implicit. It is explicit when conveyed in a clear manner, whether through … Read more

Contract Law

Contract Law

Background of Nepali Contract Law Definition of Contract Features Essential Elements of Valid Contract An agreement becomes enforceable by law when all the essential elements of a valid contract are present. Thus, absence of any of the above said elements is adequate to make the contract invalid. Plurality of Parties There must be at least … Read more