LEGAL PRINCIPLE : The acceptance of an offer will be valid only if it is made in the way it was expected to be made. FACTUAL SITUATION : There was a telephonic discussion between ‘J’ and ‘K’ for negotiating the sale of the shop of former to the latter.Upon reaching an agreement as to the price of the shop of ‘J’ at Rs 20 lakh, ‘J’ told ‘K’ to send a letter to him within two weeks confirming that she wishes to buy the shop for the price finalized. Two days thereafter, ‘K’ gave her acceptance to ‘J’over telephone but sent the letter of confirmation after lapse of one month. Is ‘J’ bound by acceptance of ‘K’ ? DECISION :

Question

LEGAL PRINCIPLE : The acceptance of an offer will be valid only if it is made in the way it was expected to be made.   FACTUAL SITUATION : There was a telephonic discussion between ‘J’ and ‘K’ for negotiating the sale of the shop of former to the latter.Upon reaching an agreement as to the price of the shop of ‘J’ at Rs 20 lakh, ‘J’ told ‘K’ to send a letter to him within two weeks confirming that she wishes to buy the shop for the price finalized. Two days thereafter, ‘K’ gave her acceptance to ‘J’over telephone but sent the letter of confirmation after lapse of one month. Is ‘J’ bound by acceptance of ‘K’ ?   DECISION :

Examsnet · Accepted Answer

Correct Answer is :  No, because although the acceptance over telephone was conveyed in time but not in the mode specified and the letter of acceptance was also not sent within two weeks.

AILET 2016 BA LLB Question Paper with answer key for online practice