Menu
CONTRACT ACT
Mr. A offers to buy Mr. B's house on certain terms.Acceptance was to be sent by 'B' within 6 (six) weeks. B within one week sent a letter acceptlng the offer with an alteration of one term. A then withdrew his offer. B writes again within three weeks accepting the terms originally proposed by 'A'. Hence this is a valid contract.Comment?
Replies (2)
No, as the offer is altered, it lead to a counter offer and original offer gets lapsed
so accepting it after it is lapsed is of no use
so accepting it after it is lapsed is of no use
No. Conditional acceptance is no acceptance.
You should receive fresh offer from A to avert any future eventuality.
Recent Threads
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
Related Threads
CAclubindia
