How can an offer be communicated?
Offers may be presented in a letter, newspaper advertisement, fax, email verbally or even conduct, as long as it communicates the basis on which the offeror is prepared to contract..
What is an example of communication of offer?
A writes to B offering to fix his roof for five thousand rupees.
He posts the letter on 2nd July.
The letter reaches B on 4th July.
So the communication is said to complete on 4th July..
What is an example of communication of offer?
For example, X of Agra has sent his offer via letter by post to Y of Lucknow, offering to sell his property for Rs. 10 lakhs.
The letter is posted on March 5, and this letter reaches Y on March 7.
Thus, it can be said that the communication of the offer made by the offeror/promisor was completed on March 7.Sep 4, 2023.
What is communication of offer in contract law?
Communication of offer in contract law is only complete when it is conveyed to the other party and is accepted by them.
The offer can be dispatched through any common means such as post, email, telephone or through word of mouth..
What is the case law on communication of proposal?
The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. as against the proposer, when it is put in a course of transmission to him, so as to be out of the power of the acceptor; as against the acceptor, when it comes to the knowledge of the proposer..
What is the communication of offer and acceptance case law?
Communication of Offer Acceptance and Revocation
Communication of offer in contract law is only complete when it is conveyed to the other party and is accepted by them.
The offer can be dispatched through any common means such as post, email, telephone or through word of mouth..
What is the definition of offer in case law?
Offer is part of contract negotiations where a party agrees to do or not do something in exchange for consideration.
An offer must be stated and delivered in a way that would lead a reasonable person to expect a binding contract to arise from its acceptance..
What is the law of communication of offer?
Communication of offer in contract law is only complete when it is conveyed to the other party and is accepted by them.
The offer can be dispatched through any common means such as post, email, telephone or through word of mouth..
What is the law relating to the communication of offer?
In contract law, communication of offer and acceptance refers to the exchange of proposals and agreement between two or more parties that creates a legally binding contract.
The Indian Contract Act, 1872, defines the rules and regulations for offer and acceptance that govern such communication..
What is the law relating to the communication of offer?
Section 4 of the Indian Contract Act 1872 says that the communication of the offer is complete when it comes to the knowledge of the person it has been made to..
Why must the offer be communicated to the offeree?
An offer is a manifestation of willingness to enter into a contract, effective when received.
It must be communicated to the offeree, be made intentionally (according to an objective standard), and be definite enough to determine a remedy in case of breach..
- Communication of Acceptance
An offeror must communicate the terms of his proposal to the offeree before an offer results.
This is so because communication is a necessary component of the present intent to contract required for the creation of an offer. - The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. as against the proposer, when it is put in a course of transmission to him, so as to be out of the power of the acceptor; as against the acceptor, when it comes to the knowledge of the proposer.
- The general rule in law states that acceptance is communicated, and has been received by the offeror .
The ruling applies where the means of communication are deemed instantaneous Entores Ltd v Miles Far East Corpn (1955).
The exception to this rule is the Postal Rule. - Thus communication of offer and acceptance is necessary for forming a contract.
2as against the acceptor, when it comes to the knowledge of the proposer.
For example, A proposes by a letter to sell a Car to B at a specified amount and B accepts A's proposal by letter sent by post.