CA Foundation Exam > CA Foundation Questions > A specific offer can be accepted by ______.a)...
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A specific offer can be accepted by ______.
- a)Any person
- b)Any friend to offeror
- c)The person to whom it is made
- d)Any friend of offeree
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A specific offer can be accepted by ______.a)Any personb)Any friend to...
When offer is made to a definite person, it is known as specific offer and such offer can be accepted by that specified persons only.
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A specific offer can be accepted by ______.a)Any personb)Any friend to...
Acceptance of a Specific Offer
Acceptance of a specific offer can be done by the person to whom the offer is made. Let's understand this in detail:
Meaning of Specific Offer
A specific offer is an offer made to a particular person or group of persons. It is different from a general offer, which is an offer made to the public at large.
Who can Accept a Specific Offer?
Only the person to whom the specific offer is made can accept it. This is because the offer is made with the intention of creating a legal relationship between the offeror and the offeree. Therefore, it is necessary that the person accepting the offer has the legal capacity to do so.
Exceptions to the Rule
There are some exceptions to the rule that only the person to whom the specific offer is made can accept it. These exceptions are as follows:
1. Agency: If the person accepting the offer is an agent of the offeree, then the offer can be accepted by the agent on behalf of the offeree.
2. Assignment: If the offeree assigns his rights to a third party, then the third party can accept the offer.
Conclusion
In conclusion, a specific offer can only be accepted by the person to whom it is made. This is because the offer is made with the intention of creating a legal relationship between the offeror and the offeree. However, there are some exceptions to this rule, such as agency and assignment.
Acceptance of a specific offer can be done by the person to whom the offer is made. Let's understand this in detail:
Meaning of Specific Offer
A specific offer is an offer made to a particular person or group of persons. It is different from a general offer, which is an offer made to the public at large.
Who can Accept a Specific Offer?
Only the person to whom the specific offer is made can accept it. This is because the offer is made with the intention of creating a legal relationship between the offeror and the offeree. Therefore, it is necessary that the person accepting the offer has the legal capacity to do so.
Exceptions to the Rule
There are some exceptions to the rule that only the person to whom the specific offer is made can accept it. These exceptions are as follows:
1. Agency: If the person accepting the offer is an agent of the offeree, then the offer can be accepted by the agent on behalf of the offeree.
2. Assignment: If the offeree assigns his rights to a third party, then the third party can accept the offer.
Conclusion
In conclusion, a specific offer can only be accepted by the person to whom it is made. This is because the offer is made with the intention of creating a legal relationship between the offeror and the offeree. However, there are some exceptions to this rule, such as agency and assignment.
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A specific offer can be accepted by ______.a)Any personb)Any friend to...
Where consent is caused by fraud or misrepresentation,the contract is ______ ?
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A specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. Can you explain this answer?
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A specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. 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 specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. 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 specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. Can you explain this answer?.
A specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. 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 specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. 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 specific offer can be accepted by ______.a)Any personb)Any friend to offerorc)The person to whom it is maded)Any friend of offereeCorrect answer is option 'C'. Can you explain this answer?.
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