Discuss in Details the Essentials of a Valid Acceptance. - Bzziii.com

Discuss in details the essentials of a valid acceptance.










When an offer is made to the offeree, he has the right to consider the terms and conditions of the offer and if satisfied, he may decide to accept the offer so made to him. or the offeree can reject the offer if he not agree withthe terms & conditions with offerer.
the essentials of a valid acceptance

1. Acceptance must be Unconditional
2. Acceptance must be Communicated
3. Acceptance must be made within reasonable time
4. Acceptor must be aware of the offer

Explanation:

Acceptance must be Unconditional: The acceptor has to abide by the conditional laid down by the offeror while making the offer. If the offer is unconditional, then acceptance has to be unconditional. In other hand if the offer is conditional then the acceptance also has to be conditional.But when offer was unconditional and the offeree made the acceptance conditional, then it does not result into acceptance, but leads to formation of counter offer.


Unconditional offer + Conditional acceptance = Counter offer


Acceptance must be Communicated: An acceptance in the mind of the proposer/acceptor does not amount to a valid acceptance, unless it is indicated or communicated to the proposer.


Acceptance must be made within reasonable time: Where the offeror prescribe the definite time in which the offer can be accepted, offeree has to abide by it and accept the offer within the prescribed time.But in case the offeror did not prescribe any definite time for acceptance of the offer, the acceptance can made within reasonable time.


Acceptor must be aware of the offer: An essential of a valid offer is to communicate the offer to the acceptor, the other side the same coin states that the acceptor must have sufficient knowledge about the existence the offer so made. An offer can only be accepted if the acceptor is aware of that offer.

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