ACCEPTANCE & RULES
- Under the Indian Contract Act, a proposal when accepted becomes:-
a) A contract under sec 2(h)
b) An agreement under sec2(e)
c) A promise under Sec2(b)
d) None of the above - In order to convert a proposal into a promise the acceptance must:-
a) Be expressed in some usual and reasonable manner
b) Be absolute and qualified
c) Both (a) and (b)
d) None of the above - Who said that ‘Acceptance is to offer what a lighted match is to gun powder. Both do something which cannot be undone:-
a) Mulla
b) Avtar singh
c) Justice Atkin
d) Anson - In which case it was held that “Silence is not an acceptance”:-
a) Felthouse v. Bindley, 1862
b) Powell v. Lee, 1908
c) Lalman Shukla v. Gauri Dutt
d) Said v. Butt - Section 8 of the Indian Contract Act states-
a) Acceptance must be absolute.
b) Acceptance must be unqualified.
c) Acceptance by performing conditions or receiving consideration
d) All of the above
Answer 1. (c) 2. (a) 3. (d) 4. (a) 5. (c)