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Mr. Sujit Basuoffered to Mr Jacob to sell his 3BHK flat in Delhi forRs.90 lakhs.Mr. Jacob accepted to buy the same but for Rs.85lakhs.In reference

Mr. Sujit Basuoffered to Mr Jacob to sell his 3BHK flat in Delhi forRs.90 lakhs.Mr. Jacob accepted to buy the same but for Rs.85lakhs.In reference to the given facts and circumstances explain

(i) is this acceptancevalid and proper

(ii) Explain rules of valid acceptances as per Contract Act, 1872

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