Ch 2: Offer, Acceptance and Revocation
1. Introduction to Contract
2. Communication, Acceptance and Revocation of Proposals
2-2 Communication when Complete [I]
Query: Sir when promisor received the letter of acceptance on 24th october and the offeree recieved the letter of revocation on 20th october,then how it cannot be revoked since there is a difference in the knowledge of the parties therein and the communication of the revocation has been completed before that of acceptance in the given example.Could you elucidate this,please?
Response: Probably you missed the main point of this video i.e. is acceptance is complete when letter is posted (not when it comes to knowledge of other party). That is how law is, and, legislators made this rule because in their opinion once the letter is posted, the acceptor does not have any control over it.
3. Past Exams and Practice Q&A
4. Objective Based Q&A