Offers may defines,According to Section 2(a) of The Indian Contract Act, 1872, “A person is said to have made the proposal when he 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.”
The parties involved in offer are:-
- Offeror- The person who is making an offer to other is called Offeror or Propose.
- Offeree- The Person to whom the offer has been made is called Offeree or Proposee.
As per Section 2(c), when the offeree accepts the proposal by the offeror than he becomes the Acceptor of that offer.
Types of Offer
1. General and Special Offer
General offer means an offer made to the world at large,while a specific offer made to some specific individual or individuals. General offer can be accepted by any person having notice of the offer by doing what is required under the offer. However,specific offer can be accepted only by the person of persons to whom it has been made and by no one else. Thus, it follows that an offer need not be made to an ascertained person,but it must be accepted by a definite person.
2. Express and Implied Offer
When an offer is expressed by words spoken or written,it is termed as an express offer. Implied offer means an offer made by conduct. when one person allows the other to perform certain acts under such circumstances that nobody would accept them without consideration it will amount to an offer by conduct and the permission of the party,who is benefited by such performance,will amount to his acceptance. Such an acceptor will be asked to pay for it.
3. Positive and Negative Offer
A person may express his willingness to do something or to abstain from doing something e.g.,it may be an offer to construct a wall to provide privacy or not to construct a wall so that free passage of light and air may not be obstructed.
4. Cross Offer
Two offers similar in all respects,made by one party to the other,in ignorance of each other’s offer,are termed as cross offers. They shall not constitute acceptance of one’s offer by the other.