Elaborate section 2(b) of Indian Contract Act?

Ans: Section 2(b) of Indian Contract Act mentions when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted. A proposal, when accepted, becomes a promise.  


According to section 2(b) of Indian Contract Act if Ram proposes shyam to buy his house, either Shyam would accept the proposal of Ram or would reject the proposal of Ram. Suppose , Shyam accepts the proposal of Ram, it means that Ram has accepted the proposal of Shyam. Section 2(b) of Indian Contract Act mentions about the promise and only the acceptance of Shyam to buy house of Ram is a promise of Shyam to Ram. 



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