Law · Indian Contract Act
Under the Indian Contract Act, 1872, the act of submitting a tender is legally considered as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An act of making a counter-proposal in pursuance to the notice inviting tender
- 2An act of entering into a completed binding contract
- 3An act of acceptance of the offer contained in the notice inviting tender
- 4An act of making an offer pursuant to the notice inviting tender✓
Correct answer
An act of making an offer pursuant to the notice inviting tender
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