Answer Posted / kapil yadav

Answer/Kapil Yadav
ACCEPTANCE TO AN OFFER IS WHAT A LIGHTED MATCHSTICK TO A TRAIN OF GUN POWDER.COMMENT.
ANS:
The above statement is basically an analogy i.e.it is a comparison of two different phenomenons that are similar in some way. The two important or main phenomenons in this statement are “offer” and “acceptance”. To understand the meaning of this analogy it is important to know what an offer and acceptance is. They are briefly defined under the contract act as:

OFFER: (Contract Act 1872)
Offer is also termed as “proposal”. itis defined as “when one person signifies to another person his willingness to do or not to do something with a view to obtain the assent of the other person, he is said to make a proposal”

ACCEPTANCE: (Contract Act 1872)“
Aproposal is said to be accepted when the person to whom the proposal is made signifies his assent thereto. A proposal when accepted becomes a promise.”Both of these definitions show the importance of offer and acceptance. The above statement or the analogy depicts the situation related to revocation or cancellation of the proposal or an offer and an acceptance.It describes that when an acceptance is being made, against an offer, it becomes mandatory for thefirst party to fulfill his promise. Therefore such an acceptance produces something which cannot be recalled or reversed.

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