Professional Documents
Culture Documents
Sec.2(b) of the Indian Contract Act defines the acceptance as, when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted.
q
The following points must be noted in regard to an acceptance: 1) There must be 2/17/13 a proposal. There will be no acceptance if
q
LEGAL RULES AS TO ACCEPTANCE: 1) Acceptance must be absolute and unqualified. [Sec 7()] 2) Acceptance may be express or implied. 3) Acceptance must be communicated to the offeror. [Sec 8] 4) It must be according to the mode prescribed. 5) Acceptance must be for an offer communicated. 6) Silence cannot be prescribed as mode of acceptance. 7) Acceptance must be given within a reasonable time. 8) Acceptance must be given by the person to whom offer has been 2/17/13 made. 9) If the proposal is made to agent.