The communication of an acceptance is complete as against the acceptor...
As against the acceptor:
Communication of acceptance is complete as against the acceptor when it comes to the knowledge of the poposer, i.e., when he receives the latter. In the above example, it is complete against B on 14th January.
View all questions of this test
The communication of an acceptance is complete as against the acceptor...
Communication of Acceptance:
The acceptance of a proposal becomes binding only when it is communicated to the proposer. The communication of an acceptance is complete as against the acceptor when it comes to the knowledge of the proposer.
Methods of Communication:
The communication of acceptance can be made in any of the following ways:
- Oral communication
- Written communication
- Postal communication
- Electronic communication
Rules of Communication:
- Acceptance must be communicated by the acceptor himself or an authorized agent.
- Communication must be made in the mode and manner prescribed or accepted by the proposer.
- Acceptance must be communicated within a reasonable time.
- Acceptance must be communicated before the lapse of the time prescribed for acceptance.
- Acceptance must be absolute and unqualified.
Completion of Communication:
The communication of acceptance is complete when it comes to the knowledge of the proposer. However, there are certain exceptions to this rule:
- When the acceptance is sent by post, the communication is complete as soon as the letter containing the acceptance is posted, even if it is lost in transit.
- When the acceptance is sent by means of an electronic communication, the communication is complete when it enters a computer resource outside the control of the sender or when it is received by the addressee.
- When the acceptance is sent through a messenger, the communication is complete when the messenger reaches the proposer.
Conclusion:
Thus, the communication of acceptance is a crucial element in the formation of a contract. It must be made in accordance with the rules prescribed by law, and it becomes complete when it comes to the knowledge of the proposer.
The communication of an acceptance is complete as against the acceptor...
When its come to kbowledge of offeror is correct because the letter if acceptamce will reach to offeror it comes to known to offeree when he reafs the letter
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.