contract
Abhay
(Querist) 23 October 2009
This query is : Resolved
suppose 'A' makes a proposal to 'B' by letter to sell his house and gives 10 days to reply..now 'B' on 6th day posted his assent by letter but it was not known to 'A' that 'B' has posted him the letter and on 7th day calls him('B') up to revoke the proposal as soon as he calls 'B', 'B' picks up the phone and says that he is agreed to buy now the communication is made between the two....will it b a contract???
is it necessary that acceptance should be done in the same manner as it was offered to the offeree ????
Adinath@Avinash Patil
(Expert) 24 October 2009
WHEN A'S PROPOSAL ACCEPTED BY B BY POSTING ASSENT BY LETTER & BY CALL IT IS ACCEPTED BY B THIS BECOMES AGREEMENT.BUT IT DEPENDS ON COSIDERATION ACCEPTE BY A. ALL AGREEMENTS ARE NOT CONTRACT.WITHOUT CONSIDERATION AGREEMENT IS NOT EXECUTABLE BY LAW.
Sachin Bhatia
(Expert) 24 October 2009
agree with the opinion of Mr.Adinath