CMA Foundation · Fundamentals of Business Laws and Business Communication · Essential Elements of a Contract, Offer and Acceptance
Under the Act, the communication of an acceptance is deemed to be made by:
Acceptance is communicated by any act or omission of the acceptor that is intended to communicate it or has the effect of communicating it. The Act does not limit this to writing, speech in person, or court notices.
- AOnly a written letter signed by the acceptor
- BAny act or omission of the acceptor by which he intends to communicate it, or which has the effect of communicating itCorrect
- COnly an oral statement made in the proposer's presence
- DOnly a registered notice served through a court
Explanation
Section 3 provides that communication of acceptance is deemed made by any act or omission of the accepting party by which he intends to communicate it or which has that effect. No fixed form such as writing or court notice is required.
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