The word "contract" under Section 2(h) of the Contract Act 1950 may be defined as:

a. when a person signifies to another his willingness to do or to abstain from doing anything, with a view to obtain assent of that other to the act or abstinence

b. when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted

c. the person making the proposal is called the "promisor" and the person accepting the proposal is called the "promisee"

d. an agreement enforceable by law or an agreement which is legally binding between the parties.