an acceptance is to offer what ba lighted of match to
trains of gun powder?explain with relevant cases.
- 3 Answers
- 66723 Views
- XYZ, I also Faced
- E-Mail Answers
Answer Posted / kapil yadav
Answer/Kapil Yadav
ACCEPTANCE TO AN OFFER IS WHAT A LIGHTED MATCHSTICK TO A TRAIN OF GUN POWDER.COMMENT.
ANS:
The above statement is basically an analogy i.e.it is a comparison of two different phenomenons that are similar in some way. The two important or main phenomenons in this statement are “offer” and “acceptance”. To understand the meaning of this analogy it is important to know what an offer and acceptance is. They are briefly defined under the contract act as:
OFFER: (Contract Act 1872)
Offer is also termed as “proposal”. itis defined as “when one person signifies to another person his willingness to do or not to do something with a view to obtain the assent of the other person, he is said to make a proposal”
ACCEPTANCE: (Contract Act 1872)“
Aproposal is said to be accepted when the person to whom the proposal is made signifies his assent thereto. A proposal when accepted becomes a promise.”Both of these definitions show the importance of offer and acceptance. The above statement or the analogy depicts the situation related to revocation or cancellation of the proposal or an offer and an acceptance.It describes that when an acceptance is being made, against an offer, it becomes mandatory for thefirst party to fulfill his promise. Therefore such an acceptance produces something which cannot be recalled or reversed.
| Is This Answer Correct ? | 45 Yes | 17 No |
Post New Answer View All Answers
IN EXCISE,CAN A SECOND STAGE DEALER PASSON EXCISE LIKE A FIRST STAGE DEALER?
Can we take input on Service Tax on Certification of Proffesional fee of ISO 9001 when we have manufacture unit & also having service tax registration.
can anyone PLEASE UPDATE ME WHAT IS THE SYLLABUS OF The Company NHPC Limited (Formerly known as National Hydroelectric Power Corporation Ltd.), LAW OFFICER EXAM ?
If we pay payment to party then what is due date
i want to know all the things important for a giving upsc exam. moreover please inform me which book 0r material i use for preparing of upsc exam.
A Customs Inspector is required to apply laws and regulations. What experience do you have in applying laws and regulations?
how to paid vat return file prosisior pls find me it
Hi, I am a trader/distributor by name M/S.ABC reg.under Kerala vat and dealing in trading/stockist of computer goods. One of our dealer reg under Kerala vat M/S.DEF got an order to supply computer goods to an Kerala state govt dept. M/S DEF places an Order to us and directs us to raise bill as below and deliver the goods at end customer point throughout Kerala USING OUR INVOICE . BILL FROM:M/S/ABC (REG UNDER KERALA VAT) BILL TO M/S.DEF (REG UNDER KERALA VAT) SHIP TO KERALA STATE GOVT DEPT. (M/s.ABC charge full local tax on Inv. and ship the goods as above to end customer Kerala govt dept.) Clarification required as per VAT act of Kerala. 1.)Is it correct to carry out transaction as ABOVE as three parties involved? 2.)During transit will my shipment will be seized by flying squad or enforcement team and raise objection for improper invoice even though charged full local tax rate applicable on goods? 3.)Under Kerala vat act is there any sales tax exemption available to carry out sale of computer goods TO KERALA GOVT DEPT? 4.) What is form 16 will it be useful to carry out ABOVE such billings and shipment to diff part of Kerala govt dept. Friends pls. share your expertise on the above and revert to my e- mail id. Tks and Regards, Angeline
If the penalty for parking on a double yellow were death, and therefore nobody did it, would that be a just and effective law?
what is your proofreading experience?
whether societies comes under corporate or non corporate company?
Name the Types of Guarantee
Tax exempted area for Textile, f form transactions are applicable? During the job work can company issue F form and receiving F form? This question for textile unit.
WHAT IS ABOUT KNOW FOR LAW?
Can we sue employer if the employer is deducting the Rs.1665/- from the employee towards PF including the PF admin charges (1.61%) and depositing without adding a single Rupee from his pocket. DO the employer has right to deduct PF admin CHarges from Employee. Under what sections of PF we can sue employer. THanks
