Legal rules as to valid acceptance
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This document discusses the key rules regarding a valid acceptance in contract law. It defines acceptance under Indian law and outlines 9 rules for a valid acceptance, including that acceptance must be absolute and unqualified, communicated to the offeror according to the prescribed mode, given within a reasonable time period, and cannot be implied from silence unless previously indicated. It also provides further details on 3 specific rules - that acceptance must confirm with all terms of the offer, be given within a reasonable time if no time limit is specified, and generally cannot be implied from silence.
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![1. Acceptance must be Absolute & unqualified
: [section – 7(1)] Acceptance must confirm
with the offer. In order to be binding,
acceptance must be absolute and unqualified
in respect of all terms of offer, whether
material or immaterial, major or minor. If
parties are not ad idem on all matters
concerning the offer and acceptance. There is
no contract.](https://image.slidesharecdn.com/legalrulesastovalidacceptance-201028085238/85/Legal-rules-as-to-valid-acceptance-4-320.jpg)
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Legal rules as to valid acceptance
- 1. BHARGAV DANGAR Roll No. 24 CONTRACT - I
- 2. Acceptance means giving consent to the offer. Sec. 2 (b) – “A proposal is said to be accepted when the person to whom the proposal is made signifies his assent to that. A proposal when accepted becomes promise”. What is Acceptance?
- 3. 1. Acceptance must be absolute & unqualified 2. Acceptance must be communicated to the offeror 3. Acceptance must be according to the mode of prescribed or reasonable mode 4. Acceptance must be given within a reasonable time 5. Acceptance cannot precede an offer 6. Acceptor must show on intention to fulfill the term of offer 7. Acceptance must be given by the party or parties to whom the offer is made 8. Acceptance must be given before the offer lapse 9. Acceptance cannot be implied from silence Rules for a valid Acceptance
- 4. 1. Acceptance must be Absolute & unqualified : [section – 7(1)] Acceptance must confirm with the offer. In order to be binding, acceptance must be absolute and unqualified in respect of all terms of offer, whether material or immaterial, major or minor. If parties are not ad idem on all matters concerning the offer and acceptance. There is no contract.
- 5. 2. Acceptance must be given within a reasonable time : If any time limit is specified, acceptance must be given within specified time. If no time limit specified, acceptance must be given within a reasonable time.
- 6. 3. Acceptance can not be Implied from Silence: The acceptance of an offer can not be implied from the silence of the offeree or his failure to answer, unless the offeree has by his previous conduct indicated that his silence means that he accepts.
- 7. THANK YOU