Introduction and Kinds of Offer

Introduction

Generally Offer mean will present by the one party in front of other to do or not to do something. It is the starting point of any agreement or contract. The offer and its acceptance is the universally acknowledge process for the making of a contract.

According to section 2(b) of NCA 2056 offer means " offer put forward by one person to another with the expectation of obtaining his consent for performing of not performing any work."

Similarly Indian Contract Act 1872 define offer as "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 offer."

Thus to be offer there should be at least,

1. presentation of will by party
2. To do or not to do anything
3. with the intention to get consent or acceptance

Here those who makes the offer is called the offeror and to whom the offer has been made is called the offeree.

Kind of offer

1. Express
2. Implied
3. Offer to the certain person
4. Offer to the particular group
5. Offer to the general public (refer section 10 of NCA 2056)