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Ans. Ingredients of offer:
1) It must be definite.
2) It must be communicated to the offeree.
3) It must be capable of acceptance by the offeree.
4) It must be capable of being accepted by the offeree within a reasonable time and place.
5) The time and place should state whether the time is of the essence or not.
6) The offer should contain all terms upon which the seller is willing to enter into a contract concerning the subject matter or transaction; it also means that all conditions, warranties, etc., should be included in it.
