Arrange the following process of making of a contract in the chronological sequence from the first to the last.

A. Agreement

B. Promise

C. Offer or proposal

D. Contract

E. Acceptance

Choose the correct answer from the options given below

Correct option is A

Offer or proposal: The process begins with one party making an offer or proposal to another party. The offer outlines the terms and conditions of the proposed agreement.
1. Acceptance: The second party then responds to the offer with an acceptance. Acceptance indicates agreement to the terms of the offer, forming a mutual understanding.
2. Promise: Once the offer is accepted, both parties make promises to fulfil their respective obligations as outlined in the agreement. These promises establish the commitment of each party to perform their agreed-upon duties.
3. Agreement: An agreement is reached when both parties have made their promises and have a mutual understanding of the terms and conditions. It signifies the intention of the parties to be bound by the contract.
4. Contract: The final stage is the contract itself, which is a legally binding document that formalizes the agreement between the parties. It typically includes all the terms, conditions, rights, and obligations of the parties involved.
Therefore, the correct chronological sequence of the process of making a contract is c, e, b, a, d.