Revision: Acceptance

The person who accepts the offer is called a promisee.

• True

• False

The Postal Rule is applicable when the acceptance is made by post or letter.

• True

• False

The significance of the Postal Rule is to determine when will the communication of acceptance is complete for ___.

• the proposer

• the acceptor

• the proposer & acceptor

"Samad sent the letter of offer to sell his Mitsubishi Evo X to Halim on 9.8.2023. Halim received the letter of offer sent by Samad on 12.8.2023."

In the above situation, the communication of offer is complete on ___.

• 9.8.2023

• 12.8.2023

Answer explanation

"Samad sent the letter of offer to sell his Mitsubishi Evo X to Halim on 9.8.2023. Halim received the letter of offer sent by Samad on 12.8.2023. On 15.8.2023, Halim sent the acceptance letter to Samad."

In the above situation, the communication of acceptance for Samad is complete on ___.

• 9.8.2023

• 12.8.2023

• 15.8.2023

"Samad sent the letter of offer to sell his Mitsubishi Evo X to Halim on 9.8.2023. Halim received the letter of offer sent by Samad on 12.8.2023. On 15.8.2023, Halim sent the acceptance letter to Samad. On 17.8.2023, Halim received a letter to revoke the offer by Samad".

In the above situation, the revocation of the offer by Samad is ___.

• valid

• not valid

"Samad sent the letter of offer to sell his Mitsubishi Evo X to Halim on 9.8.2023. Halim received the letter of offer sent by Samad on 12.8.2023. On 15.8.2023, Halim sent the acceptance letter to Samad. On 18.8.2023, Samad received the acceptance letter from Halim."

In the above situation, the communication of acceptance for Halim completes on ___.

• 9.8.2023

• 12.8.2023

• 15.8.2023

• 18.8.2023

Under Postal Rule, the proposer is not bound by the contract when the acceptor put the acceptance letter in the post box because the proposer has no knowledge about the acceptance.

• True

• False

Under Postal Rule, the proposer is not bound by the contract when the acceptor put the acceptance letter in the post box because the proposer has no knowledge about the acceptance.

• True

• False

According to Section 7(a) Contracts Act 1950, in order to convert a proposal into a promise, acceptance must be made without any modification to the original offer.

• True

• False