withdrawing his acceptance. Examine the validity of the acceptance in the light of the following: (i) The telegram of revocation of acceptance was received by Ramaswami before the letter of acceptance. (ii) The telegram of revocation and letter of acceptance both reached together. (May 2006) Answer The problem is related with the communication and time of acceptance and its revocation. As per Section 4 of the Indian Contract Act‚ 1872‚ the communication of an acceptance is a complete as against the
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Overcrowding in America ’s Prisons: Can Repeat Offenders Be Rehabilitated Thesis Statement and Hypothesis: Prisons in America are overcrowded‚ understaffed and I believe put very little emphasis on rehabilitation. Introduction: The American prison system was set up to rehabilitate prisoners so they can meld back into society as productive citizens. Instead‚ factors as high crime rate and of course‚ mandatory sentences have caused an increased over-crowding of our jails. This has also caused
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problem is related with the communication and time of acceptance and its revocation. As per Section 4 of the Indian Contract Act‚ 1872‚ the communication of an acceptance is a complete as against the acceptor when it comes to the knowledge of the proposer. An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor‚ but not afterwards. a) The telegram of revocation of acceptance was received by Ramaswami before the letter of acceptance
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conduct. An offer may be made either to a particular person‚ class of persons or to the public at large. The party making the offer is the offeror while the party whom the offer is made is the offeree. An offer terminated because of Lapse of time‚ Revocation‚ Conditional offer‚ Rejection of offer‚ Death or Acceptance. When an offer is expressed to last for a specific time‚ the offer will expire at the end of that specific time. In other words‚ an offer lapses after the expiry of the period that the
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case and get the paid form Gregory ? and Gregory whether have right to cancel the contract ? Rules--- according to review the textbook‚ we could list some of law and concept to discuss this case‚ such as Privity of contract‚ Bilateral contract‚ Revocation of offer by offeror‚ condition‚ anticipatory repudiation‚ remedy and compensatory damage. Analysis. In the textbook‚ we know that contract is a binding agreement based on the genuine assent of the parties‚ made for a lawful object‚ between competent
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Business Law and Ethics Assignment 14/03/2013 Module : 26313 Module leader : Phil Robinson Words count : 1088 In order to advise Neil‚ it is necessary to consider the law of the contracts‚ especially about offer and acceptance. We will analyze the situation to see what laws are applicable and advise Neil. In this case‚ we have three different people: Firstly an offeror‚ a person who makes an offer (in this case‚ Neil) and two offerees‚ the person to whom an offer is made (in this case
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Contract Law Presented by Kerra Bazzey Contract Law Formation of a Contract Terms of a Contract Discharge of a Contract Remedies for Breach of a Contract Formation of a Valid and Enforceable Contract Offer Acceptance Consideration Intention to Create Legal Relations Privity of Contract Capacity to Contract Must not be illegal or contrary to public policy Formation of a Contract A contract is an agreement which creates legal rights and obligations between the parties to
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The existence of contract law is to prevent any sort of illegal behaviour‚ injustice and to clarify any confusion or misunderstanding amongst the offerror and the offeree. Everybody in this world is an offeree as we all purchase goods and services to meet our personal needs and if our expectations are not met‚ there is a problem which is why the contract is created for both parties to follow. However‚ if either of them fails to do so‚ then they are in breach of contract and the aggrieved party has
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Homework 4 Chapter 26 1. Revocation. No. The gender of an emu is not discernible by mere external observation. The only certain way to tell‚ apart from internal examination‚ is to observe them in mating. Smith‚ upon observing both Rachel and Andrew‚ her two male breeders‚ grunting‚ concluded that she had two male emus and not a male and a female breeder because grunting is a male trait. Rachel may have looked like a female emu and walked like a female emu‚ but it did not sound like a female
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Essay #2 I. When the Nelsons mail their letter on October 5th‚ there is no immediate legal effect on the Cleavers’ proposal. This is due to the Rejection Mail Box Rule which states that a rejection is effective when it is received by the offeror. When the Cleavers receive the letter‚ they will understand that the Nelsons have rejected their offer and have proposed a new offer. The type of rejection used by the Nelsons here is called a counteroffer. A counteroffer is a clear refusal of the original
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