Contract law offer and acceptance problem questions and answers

  • How can the offer and acceptance be revoked explain with help of an example?

    An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards.
    A proposes, by a letter sent by post, to sell his house to B.
    B accepts the proposal by a letter sent by post..

  • What are the 3 things that exist between the offer and acceptance of a contract?

    There are three key elements of a binding contract, and they are what are known as the offer, the acceptance, and the consideration..

  • What is an example of offer and acceptance in contract law?

    Say for example A offers to buy B's car for rupees two lacs and B accepts such an offer.
    Now, this has become a promise.
    When the proposal is accepted and it becomes a proposal it also becomes irrevocable.
    An offer does not create any legal obligations, but after the offer is accepted it becomes a promise..

  • What is the offer and acceptance model answer?

    The offer refers to a clear and specific proposal from one party (the offeror) to another (the offeree) to enter into a contractual arrangement.
    Acceptance is the unequivocal agreement of the offeree to the terms and conditions stated in the offer, creating a legally binding agreement between both parties..

Aug 4, 2021Step-by-step guide to answering offer and acceptance problem questions in Contract Law exams.

Is offer and acceptance a breach of contract?

Despite that, you must discuss whether offer and acceptance is present for each and every individual in the problem question scenario.
In practice, the offeror would only be able to successfully perform the contract with one party.
This means they would be in breach of contract with all the other parties.

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What are the aspects of acceptance of an offer?

In these assessments, you'll be tested on the following aspects of acceptance of an offer and creation of a contract:

  • Reading comprehension - ensure that you draw the most important information from the related contract law lesson Knowledge application - use your knowledge to answer questions about whether an offer has been accepted and why .
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    What is the best book to prepare for a contract law exam?

    The Concentrate Questions and Answers series offers the best preparation for tackling exam questions.
    Each book includes ,typical questions, answer plans and suggested answers, author commentary and other features.
    Concentrate Q&A Contract Law provides guidance on answering questions on the law of contract.

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    What is the final part of the contract law book?

    The final part of the book looks at frustration, damages, additional remedies, privity of contract and has a short section dealing with mixed questions.
    The book ends with a chapter containing advice on answering coursework questions.
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