Q what is an offer, discuss the principle of its communications, acceptance and revocation.
Q define the following in your own words with illustrations. Promise, acceptance and revocation of proposal
Q what are the three ingredients for formation of a contract? explain with illustrations.
Q what do you understand by the terms promise, acceptance and revocation of proposal?
Q discuss the ratio laid down in the case of calil vs. carbolic smoke. Ball company reported in 1893 queens bench pg 256, regarding principle of general offer and acceptance.
An agreement arises from offer and acceptance. One person makes an offer and another person accepts that offer there is an agreement. Offer and acceptance are define as:
Offer: according to black law dictionary, an offer is something proffered. An offer by one person to another, of terms and conditions with reference to some work or understanding, or for the transfer of property.
Section 2 a of the contract act 1872 define, when one person signifies to another his willingness to do or abstain from doing anything, with a view to obtain the assent of that other to such act or abstinence, he is said to make a proposal. In general an offer is a proposition put by one person to another person coupled with an intimation that he is willing to be bound to that propo………from notes copy pg no 6
Ingredient of an offer: mansoor book pg no. 31
Communication of proposal (offer):
Para 1: og no 28 mansoor
Para 2 : Section 3 of contract act defines that the communication of proposal are deemed to be made by any act or omission of the party proposing by which he intends to communicate such proposal or which has the effect of communicating it.
Communication when complete : pg no 28 masnoor book
Acceptance of an offer: a promise or act on the part of an offeree indicating…. Implied copy notes
Essential of valid acceptance : copy notes pg no
Promise: pg 17 from mansoor book
Revocation of proposal (pg no 32 from book) from mansoor book pg no 32, copy notes pg no 7
