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relationship- Offer & Acceptance

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13 March 2008 I have not understood words by Sir WILLIAM ANSON"acceptance is to offer what a lighted match is to train of gum powder"

13 March 2008 Read Study material provide by ICAI

Just as gun powder (bomb) will explose as soon as lighted match come in touch with it. It cannot be stopeed after that, & it was useless before lighted match come in touch with it similarly Offer is not of any use unless anybody make acceptence of it.After acceptence it become a valid contract.

04 March 2009 Thanks a lot






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