BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A failure to respond at all to an offer can be constructed as an acceptance.
A
True
B
False
Explanation: 

Detailed explanation-1: -The acceptance to an offer cannot be implied from the silence of the offeree or his failure to answer or respond to the offer unless the offeree has by his previous conduct indicated that his silence implies acceptance.

Detailed explanation-2: -Failing to reply to an offer is not acceptance in most cases. This is true even if the offer says silence will be considered acceptance. There are, however, exceptions to this rule.

Detailed explanation-3: -The Indian Contract Act 1872 defines acceptance in Section 2 (b) as “When the person to whom the proposal has been made signifies his assent thereto, the offer is said to be accepted. Thus the proposal when accepted becomes a promise.”

Detailed explanation-4: -An exception exists in the case of unilateral contracts, in which the offeror makes an offer to the world which can be accepted by some act. A classic instance of this is the case of Carlill v. Carbolic Smoke Ball Co. [1893] 2 Q.B.

Detailed explanation-5: -b)Have certain & unambiguous terms. c)Contain a term the non-compliance of which would amount to acceptance. d)Be communicated to the person to whom it is made. Correct answer is option ‘C’.

There is 1 question to complete.