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Consider the following statements in respect of acceptance:
1. In case of telephonic conversation, the contract is complete when the acceptor speaks the words of acceptance.
2. Conditional or qualified acceptance is also an acceptance.
3. Acceptance should be in the usual prescribed manner.
Which of the statements given above is/are correct?

Consider the following statements in respect of acceptance:
1. In case of telephonic conversation, the contract is complete when the acceptor speaks the words of acceptance.
2. Conditional or qualified acceptance is also an acceptance.
3. Acceptance should be in the usual prescribed manner.
Which of the statements given above is/are correct? Correct Answer 3 only

Related Questions

If Rati travels at his usual speed for ‘x’ hours, he covers the same distance as he covered when he travels at a speed 30 km/hr less than usual, but for (x + 3) hours. Which of the following can be determined? (A) If he travels at 20 km/hr less speed than usual, he can cover a distance of 240 km in (x - 1) hours. What is the value of ‘x’? (B) If travels at his usual speed for (t + 2) hours, and at 50% of his usual speed for (t - 2) hours, his average speed for the journey is 68 km/hr. What is his usual speed? (C) His usual speed (in km/hr) is a multiple of 5 between 40 and 50 (both inclusive). If ‘x’ is a whole number, what is his usual speed? (D) If he travels at his usual speed for ‘t’ hours, he covers a distance of 400 km. What is the value of ‘x’?
Study the given pie-chart and answer the question that follows The pie-chart represent the percentage distribution of candidates qualified in a bank examination from six different districts of a State in 2016. The total number of qualified candidates from the State is 68000. If 22% and 20% of the qualified students from Districts B and C, respectively, were 22 years old or below. then the number of qualified students who were above 22 years from District B is what percent (to the nearest integer) of the number of qualified students who were above 22 years from District C?
. . . . . . . . of the Indian Contract Act, 1872 prescribes that the acceptance must be made in a reasonable manner. If the proposer has prescribed a manner of acceptance, the acceptance must be made in that manner, if not so made, there is a contract only if the proposer 'accepts the acceptance'
Consider the following statements:
The communication of an acceptance is complete
1. As against the acceptor when it comes to the knowledge of the proposer.
2. As against the proposer, when it is put in a course of transmission to him, so as to be out of the power of the acceptor.
Which of the statements given above is/are correct?
Consider the following statements:
(1) In case of breach of contract generally damages are awarded.
(2) In case of breach of contract, remedy of specific performance of contract is always given.
(3) In case of breach of contract, fine is also imposed along with the award of damages.
(4) In exceptional cases where damages are not adequate compensation, remedy of specific performance can be given.
Which of the statements given above are correct?
Which of the following are the drawbacks of acceptance sampling? (i) Acceptance sampling is less expensive. (ii) Acceptance sampling has the risk of accepting good lots and rejecting bad lots. (iii) Acceptance sampling requires planning and documentation of the acceptance-sampling procedure whereas 100% inspection does not. (iv) Acceptance sampling requires less manpower.
As per the Indian Contract Act, 1872, the communication of an acceptance is complete:
1. As against the acceptor when it comes to the knowledge of the proposer.
2. As against the proposer when it is put in a course of transmission to him so as to be out of the power of the acceptor.
Based on the above two propositions, decide:
Arjun covers a certain distance from his home to college at a usual speed of 24 km/hr and takes a certain time. When he increases usual speed by 6 km/hr, he takes 30 minutes less than usual. If he reduces his usual speed by 4 km/hr, he takes 30 minutes more than usual. Find the distance from his home to college. 
Study the given pie-chart and answer the question that follows. The pie-chart represents the percentage distribution of candidates qualified in a bank examination from six different districts of a State in 2016. The total number of qualified candidates from the State is 68000. What is the difference (to the nearest whole number) between the average number of qualified students from Districts A, C, and F and the average number of qualified students from Districts B, D, and E?
Following is/are essentialt(s) of valid contract as per Indian Contract Act, 1872.
(1) Parties to contract should have capacity to contract.
(2) Parties to contract should have legal mind.
(3) Parties to contract should be intelligent.
(4) Invitation to offer should be accepted.
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