CMA Inter Paper 5 Business Laws And Ethics Practice Questions - CMA Intermediate Paper 5 Business Laws And Ethics Exam

Under Section 7 of the Indian Contract Act, 1872, to convert a proposal into a promise the acceptance must be:

Absolute and unqualified Conditional upon further negotiation Communicated only after performance is complete Made by silence of the offeree

Correct Answer:

Absolute and unqualified

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