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If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?
- a)It is valid
- b)It is invalid
- c)It is uncertain
- d)None of the above
Correct answer is option 'A'. Can you explain this answer?
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If X sends a telegram on 7th January revoking his offer, and his teleg...
Revocation of Offer in Contracts:
Revocation of an offer is a crucial aspect in contract law. Let's analyze the scenario provided in the question to determine the validity of the revocation of offer.
Communication of Revocation:
In this case, X sent a telegram on 7th January revoking his offer. The key point to note is that X's telegram reached Y before the letter of acceptance was posted. This means that the revocation of offer was communicated to Y before Y could communicate acceptance of the offer.
Legal Principle:
According to the legal principle, an offer can be revoked at any time before acceptance is communicated. In this scenario, since X's revocation reached Y before acceptance was communicated, the revocation of offer is considered valid.
Conclusion:
Therefore, in this case, the revocation of offer by X is valid. Y cannot claim acceptance of the offer as the revocation was communicated before Y could accept the offer. This principle is essential in contract law to ensure clarity and fairness in business transactions.
Revocation of an offer is a crucial aspect in contract law. Let's analyze the scenario provided in the question to determine the validity of the revocation of offer.
Communication of Revocation:
In this case, X sent a telegram on 7th January revoking his offer. The key point to note is that X's telegram reached Y before the letter of acceptance was posted. This means that the revocation of offer was communicated to Y before Y could communicate acceptance of the offer.
Legal Principle:
According to the legal principle, an offer can be revoked at any time before acceptance is communicated. In this scenario, since X's revocation reached Y before acceptance was communicated, the revocation of offer is considered valid.
Conclusion:
Therefore, in this case, the revocation of offer by X is valid. Y cannot claim acceptance of the offer as the revocation was communicated before Y could accept the offer. This principle is essential in contract law to ensure clarity and fairness in business transactions.
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If X sends a telegram on 7th January revoking his offer, and his teleg...
Analysis:
To determine the validity of the revocation of an offer sent via telegram, we need to consider the legal principles governing the revocation of offers and the mode of communication.
1. Offer and Acceptance:
- An offer is a proposal made by one party to another with the intention of creating a legally binding contract.
- Acceptance is the unqualified agreement to the terms of the offer.
2. Revocation of Offer:
- An offer can be revoked at any time before acceptance, even if the offeror has promised to keep the offer open for a specified period.
- The revocation of an offer is effective when it is communicated to the offeree.
- The mode of communication chosen by the offeror must be reasonable and appropriate.
3. Mode of Communication:
- The mode of communication chosen by the offeror must be as fast or faster than the mode of communication used by the offeree.
- If the offeror chooses a slower mode of communication, the revocation is effective when it is received by the offeree.
In this scenario, X sent a telegram revoking his offer on 7th January, before Y posted the acceptance letter. To determine the validity of the revocation, we need to consider the following:
- Sending a telegram is a reasonable and appropriate mode of communication.
- A telegram is generally faster than posting a letter.
- The revocation of the offer is effective when it is communicated to the offeree.
Based on these points, we can conclude that the revocation of the offer is valid, as the telegram reached Y before the letter of acceptance was posted. Therefore, Option A: "It is valid" is the correct answer.
Conclusion:
The revocation of an offer sent via telegram is valid if the telegram reaches the offeree before the acceptance letter is posted. In this scenario, X's revocation is valid as the telegram reached Y before the letter of acceptance was posted.
To determine the validity of the revocation of an offer sent via telegram, we need to consider the legal principles governing the revocation of offers and the mode of communication.
1. Offer and Acceptance:
- An offer is a proposal made by one party to another with the intention of creating a legally binding contract.
- Acceptance is the unqualified agreement to the terms of the offer.
2. Revocation of Offer:
- An offer can be revoked at any time before acceptance, even if the offeror has promised to keep the offer open for a specified period.
- The revocation of an offer is effective when it is communicated to the offeree.
- The mode of communication chosen by the offeror must be reasonable and appropriate.
3. Mode of Communication:
- The mode of communication chosen by the offeror must be as fast or faster than the mode of communication used by the offeree.
- If the offeror chooses a slower mode of communication, the revocation is effective when it is received by the offeree.
In this scenario, X sent a telegram revoking his offer on 7th January, before Y posted the acceptance letter. To determine the validity of the revocation, we need to consider the following:
- Sending a telegram is a reasonable and appropriate mode of communication.
- A telegram is generally faster than posting a letter.
- The revocation of the offer is effective when it is communicated to the offeree.
Based on these points, we can conclude that the revocation of the offer is valid, as the telegram reached Y before the letter of acceptance was posted. Therefore, Option A: "It is valid" is the correct answer.
Conclusion:
The revocation of an offer sent via telegram is valid if the telegram reaches the offeree before the acceptance letter is posted. In this scenario, X's revocation is valid as the telegram reached Y before the letter of acceptance was posted.
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If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
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If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
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If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of If X sends a telegram on 7th January revoking his offer, and his telegram reaches Y before the letter of the acceptance is posted. Is revocation of offer valid?a)It is validb)It is invalidc)It is uncertaind)None of the aboveCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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