Q. Rules regarding proposal and offer:
1) At the too, a proposal must be a definite proposal/offer by one and unqualified
acceptance by the other.
2) A proposal may be expressed or may be implied. Acceptance can be expressed or
implied.
3) A proposal is to obtain the assent of the other eg: person and the intention is to
create a legal relationship.
4) It should be to a definite person definite class of person or to the world at large.
5) The terms of proposal must be certain.
6) A mere statement of intention is not an offer of. Price list and catalogs. A more
statement of intention is not a proposal but invitation to others to make proposal.
7) Proposal must be communicated to the person to whom it is made.
8) An offer or proposal may be conditional. A proposal may be made subject to
certain conditions.
9) The person to whom a proposal is indented can accept it.
Q.Rules regarding acceptance:
1) Acceptance must be an absolute and unqualified. sec. 7 (1) In order to convert a
proposal into a promise the acceptance must be absolute and unqualified.
2) Sec 7(2) – the acceptance must be expressed in some usual and reasonable
manner. Unless the proposal prescribed the manner in which it is to be accepted.
3) Mental acceptance or uncommunicated acceptance does not result in a contract.
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