relationship- Offer & Acceptance
This query is : Resolved
Karuna Sethi
(Querist)
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"
Jitender Garg
(Expert)
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.
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.
Karuna Sethi
(Querist)
04 March 2009
Thanks a lot
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