What is a Promise ?
An offer when accepted becomes Promise.The person making the offer is called Promisor and the person accepting the offer is called Promisee. Ram asks his friend Atul to sell his iPhone for Rs. 75,000 Atul is very excited to buy his iPhone but at that time he did not have money so he told Ram that tomorrow I will buy Ram's iPhone. In this above situation Ram offered one thing to Atul and Atul accepted his offer so it is a promise that yesterday Ram gave his iPhone to Atul and in return Atul gave the amount as fixed in his offer paid.
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