In order to convert a proposal into a promise, the acceptance must

Related MCQs

• After a proposal has been accepted and there is promise, can the promisor resile from the promise?
• When the proposal or acceptance is made other wise than words, the promise is said to be
• Section 2(b) defines, "When the person to whom the proposal is made, signifies his assent thereto, the proposal is said to be accepted. A proposal when accepted becomes a/an
• Performance of conditions of a proposal is an acceptance to the proposal
• Which section, of Indian Contract Act defines "performance of the conditions of a proposal is an acceptance of the proposal"?
• Consider the following statements: 1. There is no difference between the English law and Indian law with regard to acceptance through post. 2. Both under the English law and the Indian law a contract is concluded when the letter of acceptance is posted 3. Under the Indian law when the letter of acceptance is posted it is complete only as against the proposer. 4. It is complete only as against the proposer. Which of the above statements is/are correct?
• Where by the contract, a promisor is to perform his promise without application by the promise and no time for performance is specified the engagement must be performed within a reasonable time. The question "What is a reason able time" is in each particular case is a :
• Consider the following statements: Consideration is 1. A motive for any promise 2. A price for any promise 3. Only a moral obligation 4. Something of value in the eye of law Of these statements
• 'Consideration is the price for which the promise of the other is bought, and the promise thus given for the value is enforceable.' This definition of consideration is
• When one of the parties to the contract has performed its part of the promise which constitutes the consideration for the promise by the other side, it is known as