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A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.
- a)The contract is valid
- b)The revocation is valid as it reached B before the first letters reached B.
- c)The contract is void.
- d)None of these.
Correct answer is option 'B'. Can you explain this answer?
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A sent a proposal for sale of goods to B through a letter. However, le...
As per Section 4 of the Indian Contract Act, 1872, communication of revocation is complete as against the person to whom it is made,when it comes to his knowledge. As per Section 5 of the contract act a proposal may be revoked at any time, before the communication of its acceptance is complete as against the proposer. In the instant case, B has sent the letter of revocation of offer which has reached B before the letter of offer has reached B. therefore revocation of offer is valid.
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A sent a proposal for sale of goods to B through a letter. However, le...
Answer:
The correct answer is option 'B': The revocation is valid as it reached B before the first letter reached B.
Explanation:
To understand why the revocation is valid in this scenario, let's break down the events that took place:
1. A sent a proposal for the sale of goods to B through a letter.
2. However, the letter was still in transit.
3. A sent a letter of revocation of the offer to B.
4. B received the letter of revocation before the first letter reached B.
According to the Indian Contract Act, 1872, an offer can be revoked at any time before it is accepted, even if the offeror has promised to keep the offer open for a specific period. Revocation of an offer is only effective when it is communicated to the offeree.
In this case, the revocation letter was sent by A and received by B before the original offer letter reached B. Therefore, the revocation was communicated to B before B had a chance to accept the offer.
Key Points:
- An offer can be revoked at any time before it is accepted.
- Revocation of an offer is effective when it is communicated to the offeree.
In conclusion, the revocation of the offer sent by A to B is valid as it reached B before the original offer letter. Therefore, there is no valid contract between A and B.
The correct answer is option 'B': The revocation is valid as it reached B before the first letter reached B.
Explanation:
To understand why the revocation is valid in this scenario, let's break down the events that took place:
1. A sent a proposal for the sale of goods to B through a letter.
2. However, the letter was still in transit.
3. A sent a letter of revocation of the offer to B.
4. B received the letter of revocation before the first letter reached B.
According to the Indian Contract Act, 1872, an offer can be revoked at any time before it is accepted, even if the offeror has promised to keep the offer open for a specific period. Revocation of an offer is only effective when it is communicated to the offeree.
In this case, the revocation letter was sent by A and received by B before the original offer letter reached B. Therefore, the revocation was communicated to B before B had a chance to accept the offer.
Key Points:
- An offer can be revoked at any time before it is accepted.
- Revocation of an offer is effective when it is communicated to the offeree.
In conclusion, the revocation of the offer sent by A to B is valid as it reached B before the original offer letter. Therefore, there is no valid contract between A and B.
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A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. Can you explain this answer?
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A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. 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 A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. 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 A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. Can you explain this answer?.
A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. 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 A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. 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 A sent a proposal for sale of goods to B through a letter. However, letter was still in transit, A sent the letter of revocation of offer to B which was received by B before the first letter reached B.a)The contract is validb)The revocation is valid as it reached B before the first letters reached B.c)The contract is void.d)None of these.Correct answer is option 'B'. Can you explain this answer?.
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