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The document discusses acceptance in contract law. It defines acceptance as signifying assent to an offer, which then turns the offer into a promise. It provides examples of acceptance forming a contract. It also outlines the essentials of a valid acceptance, including being express or implied, communicated to the offeror, following the offer, being absolute and unconditional, given within a reasonable time, and in the prescribed manner. Finally, it examines some cases related to acceptance and formation of contracts.
The document discusses acceptance in contract law. It defines acceptance as signifying assent to an offer, which then turns the offer into a promise. It provides examples of acceptance forming a contract. It also outlines the essentials of a valid acceptance, including being express or implied, communicated to the offeror, following the offer, being absolute and unconditional, given within a reasonable time, and in the prescribed manner. Finally, it examines some cases related to acceptance and formation of contracts.
The document discusses acceptance in contract law. It defines acceptance as signifying assent to an offer, which then turns the offer into a promise. It provides examples of acceptance forming a contract. It also outlines the essentials of a valid acceptance, including being express or implied, communicated to the offeror, following the offer, being absolute and unconditional, given within a reasonable time, and in the prescribed manner. Finally, it examines some cases related to acceptance and formation of contracts.
signifies his assent thereto, the proposal is said to be accepted. A proposal, when accepted, becomes a promise.
• When proposal is accepted then it is also called
contract. Both parties are liable to perform their duties relating to Contract. Example: Mr.Ali offered to sell his Car to Mr.Hasnain at Rs.2,000,000 Mr.Hasnain accepted his offer .It is called a contract.
Mr. Hasnain Mr. Ali
Essentials of a valid acceptance •It may be express or implied •It must be communicated to the offeror •It must follow the offer •It must be absolute & unconditional •It must be given within reasonable time •It must be in a prescribed manner. Communication of offer, acceptance and revocation • Communication of Offer • Communication of Acceptance • Communication of Revocation Time for Revocation of offer and Acceptance • Time for revocation of proposal • Time for revocation of acceptance CASES Case:I • Ali advertises in a newspaper that he would pay Rs.100,000 to anyone who traces his missing son. Hasnain traced that boy and claimed the amount of reward. State whether Hasnain is entitled to receive the amount of reward if:
• a) He did not know about the reward.
• b) If he knew about the reward Case-II • X offered to sell his car for Rs1,000,000 to Y. • Y replies I will pay Rs.900,000 for it. • X refuses to sell at this price. • Y then attempts the original offer but X refuses to sell his Car.
• Discuss the legal position.
Case-III Haider delivered a coat to Afraz, dry cleaner, for dry cleaning and took the receipt. On the back of receipt, certain conditions were printed in English language. One of the conditions printed on the back was “ The liability of the dry cleaner company shall be limited to the 50% of the cost of the goods.” Haider never looked at the back of the receipt. Haider ’s coat was lost and Haider claimed the actual value of the coat. Discuss the legal position in each of the following alternative cases: 1. If there was nothing on the face of the receipt to draw the attention to the condition printed on the back side and Haider was a graduate in English. 2. If on the face of the receipt, the word ‘See Back’ were printed in English but Haider did not read it. Case-IV • Mr .Ahsan promises to pay Rs.10,000 per month to his son but fails to pay the promised amount. Can son claim this promised amount in court? Case-V
• X sent a letter from Agrah by post to Y (He lives in Delhi)
to sell his Car for Rs.1,000,000.
• This letter is posted on Jan 1,2010 and reached Y on Jan
7,2010.
• Y sent his acceptance by post on Jan 10,2010.
• But X received the letter of acceptance on Jan 15,2010.
• Answer the following cases separately:
• When is communication of offer complete?
• When is the communication of acceptance complete as
against the offerer?
• When is the communication of acceptance complete as
against the acceptor?
• If X sends a telegram on Jan 8,2010 revoking his offer,
and his telegram reaches X before the letter of the acceptance is posted. Is revocation of offer is valid?
• If Y sends a telegram on Jan 14,2010 revoking his
acceptance and this telegram reaches X before the letter of acceptance is received by X. Is revocation of acceptance is valid?