Offer and Acceptance

Explain the legal rules regarding a valid acceptance

Explain the legal rules regarding a valid acceptance?

Legal Rules regarding a valid acceptance: 1. Acceptance must be absolute and unqualified Section 7 of the Indian Contract Act lays down:-“In order to convert a proposal into a promise, the acceptance must be absolute and unconditional.” The offeree must accept unconditionally all the terms of the offer without any change in any of them. 2. …

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How-can-an-acceptance-be-revoked

How can an acceptance be revoked? Explain with the help of an example.

Revocation of Acceptance An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor but not afterward. The Communication of an acceptance is complete: As against the proposer. When it is put into a course of transmission to him, so as to be out of the …

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