Explain in brief the legal rules regarding a valid offer
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"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 person to such act or abstinence, he is said to make a proposal."
The person making the proposal is called the 'offeror' or 'promisor'. The person to whom the offer is made is called the 'offeree' or 'promisee'.
Offer and Acceptance
A offers to sell his scooter to B for Rs. 5,000. This is a proposal. A is the offeror or promisor and B is the offeree.
Legal Rules Regarding Offer :
An offer to be valid must comply with the following rules:
1. Offer may be express or implied:
An offer may be express or may be implied from the conduct of the parties or circumstances of the case.
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