Offer-Acceptance
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Offer-Acceptance

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Offer-Acceptance Offer-Acceptance Presentation Transcript

  • Offer + Acceptance Contract
  • Offer & Acceptance`
  • Offer
  • Requirements of an OfferConditions if any must be clearlyindicated.
  • Acceptance 2(b)Offer can be defined as:Once the offeree signifies his approvalunconditionally, proposal is said to beaccepted.Aproposal once accepted becomes aproposal.
  • Rules of AcceptanceAcceptance must be absolute andunqualifiedMentan accpetance is not sufficient(Silnece)Acceptance of a proposal with the terms andconditions mentioned and impliedNeed not be expressed in words alwaysIgnorance of a proposal, is no acceptanceAcceptance must be given within areasonable time.Acceptance must be given before lapse orrevocation or withdrawal.
  • Thank You