Legal Question in Business Law in India
'X' duly forced a letter of acceptance to 'Y' but the letter is lost in the transit by the neglegance of the post office. what effect does it have on the formation of legal contract give reason for your answer.
Asked on 2/08/17, 9:59 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
09.02.2017
Dear Sir / Madam,
Offer and acceptance are two prerequisites of a contract. Since there is no acceptance, no contractual obligation is created.
Regards,
Answered on 2/09/17, 12:26 am
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