7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 1/7

Submitted by

Karanjit Singh

Tarunveer singh atwal

Anmoldeep Singh

Rollno-14135!1413""!141353

7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 2/7

Se#tion "$b% o& the #onta#t a#t de&ines 'A##eptan#e( as) *+hen the person to the proposal is made signi&ies his assent thereto! the proposal is said to be a##epted, A proposal when a##epted be#ome a promise,

A##eptan#e #an be made only by words spo.en or written,

7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 3/7

A##eptan#e must be absolute and un/uali&ied

A##eptan#e must be #ommuni#ated to the o&&eror 

A##eptan#e must be made within a reasonable time

A##eptan#e must be #ommuni#ated in some usual reasonable manner 

A##eptan#e must be e0pressed or implied

 A##eptan#e must be made by the o&&eree

A##eptor must be aware o& the proposal at the time o& the o&&er 

A##eptan#e must be made only a&ter the o&&er is made

A##eptan#e must be given be&ore the o&&er lapses or revo.ed

A##eptan#e #on#ludes the #ontra#t

7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 4/7

ommuni#ation o& a##eptan#e is ne#essary &or &orming a #ontra#t, 2t#an be e&&e#ted by a#t or #ommission,

A#t in#ludes #ondu#t or by words! written or oral! letter! telegram!telephone et#

ommission in#ludes #ondu#t or &orbearan#e on the part o& one personwhi#h has the e&&e#t o& #ommuni#ation,

7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 5/7

Against the proposer when it is put in a #ourse o& transmission to himas to be out o& the power o& the a##eptor 

Against the a##eptor when it #omes to the .nowledge o& the proposer,

7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 6/7

6

A##ording to se# 5 an a##eptan#e o& proposal may be revo.ed at any

any time be&ore the #ommuni#ation o& a##eptan#e is #omplete as

against the a##epter but not a&ter words,

7/17/2019 1308102_634625435403388750

http://slidepdf.com/reader/full/1308102634625435403388750 7/7