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Can you explain the answer of this question below:
X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :
- A:Amount to a proposal
- B:Amount to a promise
- C:Not amount to a proposal
- D:Amount to acceptance
The answer is c.
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Can you explain the answer of this question below:X offers to sell his...
The offer should not contain a term the non-compliance of which would amount to acceptance...... So, the above statement is not a valid offer
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Can you explain the answer of this question below:X offers to sell his...
Explanation:
The letter of X would not amount to a proposal because:
1. Essential elements of a proposal are missing: For a proposal to be valid, it must contain certain essential elements such as price, quantity, and subject matter. In this case, X has only mentioned the price of the house but has not specified the quantity and subject matter. Therefore, it cannot be considered as a proposal.
2. No intention to create a legal relationship: X has not expressed any intention to create a legal relationship with Y. He has only made an offer and stated a condition for acceptance. This does not indicate any intention to create a legal relationship.
3. Uncertainty of terms: The letter is vague and uncertain in terms of the subject matter and quantity. This makes it difficult for Y to accept the offer as he is not aware of what exactly he is buying.
Therefore, the letter of X would not amount to a proposal.
The letter of X would not amount to a proposal because:
1. Essential elements of a proposal are missing: For a proposal to be valid, it must contain certain essential elements such as price, quantity, and subject matter. In this case, X has only mentioned the price of the house but has not specified the quantity and subject matter. Therefore, it cannot be considered as a proposal.
2. No intention to create a legal relationship: X has not expressed any intention to create a legal relationship with Y. He has only made an offer and stated a condition for acceptance. This does not indicate any intention to create a legal relationship.
3. Uncertainty of terms: The letter is vague and uncertain in terms of the subject matter and quantity. This makes it difficult for Y to accept the offer as he is not aware of what exactly he is buying.
Therefore, the letter of X would not amount to a proposal.
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Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c.
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Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c. 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 Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c. covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c..
Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c. 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 Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c. covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you explain the answer of this question below:X offers to sell his house to Y for Rs. 10 Lacs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of X would :A:Amount to a proposalB:Amount to a promiseC:Not amount to a proposalD:Amount to acceptanceThe answer is c..
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