New RBI Grade B Notification Out - 94 Vacancies - Prepare with Us!

    Register

    Question

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

    A Be absolute and qualified Correct Answer Incorrect Answer
    B Be expressed in some usual and reasonable manner Correct Answer Incorrect Answer
    C Both (a) and (b) Correct Answer Incorrect Answer
    D None of the above. Correct Answer Incorrect Answer

    Solution

    As per S.7 of Indian Contract Act, 1872 S.7. In order to convert a proposal into a promise, the acceptance must-   (1) be absolute and unqualified;   (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his proposal shall be accepted in the prescribed manner, and not otherwise; but if he fails to do so, he accepts the acceptance.  

    Practice Next