INTERVIEW QUESTIONS MERCANTILE LAW NATURE OF CONTRACTS DETAILS

Question: Which of the following is false? An offer to be valid must: a) Contain a term the non- compliance of which would amount to acceptance. b) Intend to create legal relations c) Have certain and unambiguous terms d) Be communicated to the person to whom it is made

Answer: (a) Contain a term the non- compliance of which would amount to acceptance.
Description: According to Section 10 of the Indian Contract Act, 1872 an offer is valid if:
(a) It is intended to create a legal relationship
(b) The offer must be certain and unambigious i.e. (definite). It must not be vague.
(c) The offer must be communicated to the person to whom it is made otherwise the offeree cannot accept the offer.

(a) Contain a term the non- compliance of which would amount to acceptance.
Description: According to Section 10 of the Indian Contract Act, 1872 an offer is valid if:
(a) It is intended to create a legal relationship
(b) The offer must be certain and unambigious i.e. (definite). It must not be vague.
(c) The offer must be communicated to the person to whom it is made otherwise the offeree cannot accept the offer. Source: CoolInterview.com

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