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Offer and acceptance Section 2(a) of Indian contract act defines offer as  when one person signifies to another his   willingness to do or to abstain from doing   something with a view to obtaining the assent of  other , such act or abstinence is said as proposal.
Legal rules regarding valid  offer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Invitation to offer ,[object Object],[object Object],[object Object],[object Object]
Essential of offer ,[object Object],[object Object],[object Object],[object Object]
Lapses and revocation of offer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
When communication is  complete ,[object Object],[object Object],[object Object],[object Object]
Time of revocation of offer and acceptance(sec5) ,[object Object],[object Object]
Example  ,[object Object],[object Object],[object Object]
Revocation of the offer by the offeror ,[object Object]
Decided case on revocation of offer by the offeror CASE 1 ,[object Object],A B
CASE 2 ,[object Object]
Case 2  offer lapses after reasonable time ,[object Object]
Offer lapses after stipulated time or  reasonable time   case 1  ,[object Object]
ACCEPTANCE ,[object Object],[object Object],[object Object],[object Object]
Legal rules regarding acceptance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Types of offer ,[object Object],[object Object],[object Object],[object Object]
General and specific offer Specific offer can be accepted only by person to whom it was made General offer can be accepted by any person  having notice of the offer  by doing what is required under the offer Specific offer made to some specific person  General offer made to the whole world at large
Carbolic smoke ball Company advertisement I want reward Carlill vs Carbolic smoke ball company,(1983)IQB256
Decided case ,[object Object]
Harbhajan lal vs. harcharan lal ,[object Object],I HAVE  FOUND THE BOY
LALMAN vs GAURIDATTA ,[object Object],I want  reward
Express and implied offer ,[object Object],[object Object]
Example of implied offer ,[object Object],[object Object],auct ion Acceptor Of offer Bidder Is an offeror
Positive and negative offer ,[object Object]
Cross offer ,[object Object]
Example of cross offer ,[object Object],[object Object]
Example of cross offer ,[object Object],[object Object],[object Object]
Communication of offer and acceptance ,[object Object],[object Object],[object Object]
Legal rules regarding acceptance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Check your memory ,[object Object]
solution ,[object Object],[object Object],[object Object]
Check your memory  again ,[object Object],[object Object],[object Object]
questions ,[object Object],[object Object],[object Object]

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Offer And Acceptance

  • 1. Offer and acceptance Section 2(a) of Indian contract act defines offer as when one person signifies to another his willingness to do or to abstain from doing something with a view to obtaining the assent of other , such act or abstinence is said as proposal.
  • 2.
  • 3.
  • 4.
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  • 17. General and specific offer Specific offer can be accepted only by person to whom it was made General offer can be accepted by any person having notice of the offer by doing what is required under the offer Specific offer made to some specific person General offer made to the whole world at large
  • 18. Carbolic smoke ball Company advertisement I want reward Carlill vs Carbolic smoke ball company,(1983)IQB256
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