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On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:
- a)There is no contract between X and Y
- b)The contract is concluded between X and Y on 7th when B posts the letter of acceptance
- c)Either (a) or (b)
- d)None of the above
Correct answer is 'A'. Can you explain this answer?
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On the 5th of a month X makes an offer to Y, by a letter, which reache...
Under Section 5, of the Indian Contract Act,1872, a proposal may be revoked at any time, before the communication of its acceptance is completed against the proposer/ offeror. So in this case on the 5th of a month X makes an offer to Y, by a letter which reaches Y on 6th and on the 7th, Y posts his letter of acceptance. Meanwhile on the 6th, X posts a letter to Y revoking the offer, so as a result of X's revocation on 6th, the offer made by him earlier is revoked and there is no contract between X and Y.
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On the 5th of a month X makes an offer to Y, by a letter, which reache...
Legal Analysis of the Letters and Telegram
Chronology of Events:
- On the 5th of a month, X makes an offer to Y by letter.
- The letter reaches Y on the 6th.
- On the 6th, X posts a letter to Y revoking the offer.
- On the 7th, Y posts his letter of acceptance.
- On the 8th, Y sends a telegram to X confirming the acceptance.
Based on the chronology of events, we can analyze the legal implications of the letters and telegram as follows:
1. X's Offer to Y:
- X made an offer to Y by letter on the 5th of the month.
- The offer was communicated to Y on the 6th when the letter reached Y.
2. X's Revocation of Offer:
- On the 6th, X posted a letter to Y revoking the offer.
- The revocation letter was posted after the offer was communicated to Y.
3. Y's Acceptance of Offer:
- On the 7th, Y posted his letter of acceptance.
- Y's acceptance was posted after X's revocation letter was posted.
- Y's acceptance was communicated after the revocation letter was posted.
4. Y's Confirmation of Acceptance:
- On the 8th, Y sent a telegram to X confirming the acceptance given through his letter of the 7th.
- The telegram was sent after X's revocation letter was posted.
Legal Implications:
Based on the above chronology of events, the legal implications can be analyzed as follows:
1. No Contract between X and Y:
- X made an offer to Y, but the offer was revoked before Y communicated his acceptance.
- Y's acceptance was communicated after X's revocation letter was posted.
- Therefore, there was no contract concluded between X and Y.
2. Conclusion:
- The legal implications are that there is no contract between X and Y.
- Option 'A' is the correct answer.
Chronology of Events:
- On the 5th of a month, X makes an offer to Y by letter.
- The letter reaches Y on the 6th.
- On the 6th, X posts a letter to Y revoking the offer.
- On the 7th, Y posts his letter of acceptance.
- On the 8th, Y sends a telegram to X confirming the acceptance.
Based on the chronology of events, we can analyze the legal implications of the letters and telegram as follows:
1. X's Offer to Y:
- X made an offer to Y by letter on the 5th of the month.
- The offer was communicated to Y on the 6th when the letter reached Y.
2. X's Revocation of Offer:
- On the 6th, X posted a letter to Y revoking the offer.
- The revocation letter was posted after the offer was communicated to Y.
3. Y's Acceptance of Offer:
- On the 7th, Y posted his letter of acceptance.
- Y's acceptance was posted after X's revocation letter was posted.
- Y's acceptance was communicated after the revocation letter was posted.
4. Y's Confirmation of Acceptance:
- On the 8th, Y sent a telegram to X confirming the acceptance given through his letter of the 7th.
- The telegram was sent after X's revocation letter was posted.
Legal Implications:
Based on the above chronology of events, the legal implications can be analyzed as follows:
1. No Contract between X and Y:
- X made an offer to Y, but the offer was revoked before Y communicated his acceptance.
- Y's acceptance was communicated after X's revocation letter was posted.
- Therefore, there was no contract concluded between X and Y.
2. Conclusion:
- The legal implications are that there is no contract between X and Y.
- Option 'A' is the correct answer.
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Community Answer
On the 5th of a month X makes an offer to Y, by a letter, which reache...
When Y receive the letter of revocation is it before or after posting the acceptance to X
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On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is 'A'. Can you explain this answer?
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On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is '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 On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is '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 On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is 'A'. Can you explain this answer?.
On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is '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 On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is '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 On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is 'A'. Can you explain this answer?.
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ample number of questions to practice On the 5th of a month X makes an offer to Y, by a letter, which reaches Y on 6th.On the 7th, Y posts his letter of acceptance. Meanwhile, on the 6th X posts a letter to Y revoking the offer. On seeing it Y sends a telegram to X on 8th confirming the acceptance given through his letter of the 7th. Discuss the legal of three letters and telegram:a)There is no contract between X and Yb)The contract is concluded between X and Y on 7th when B posts the letter of acceptancec)Either(a) or (b)d)None of the aboveCorrect answer is 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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