The gunpowder rule : Acceptance in contract law.
Автор: JURIS ACADEMIA
Загружено: 2026-01-13
Просмотров: 40
Описание:
The Gunpowder Metaphor: Acceptance & Offer | Indian Contract Act, 1872
Can an acceptance be taken back once it's given? Why did Sir William Anson compare a contract to a trail of gunpowder? 🧨🔥
In today’s lecture, we dive deep into one of the most famous metaphors in legal history: "Acceptance is to an offer what a lighted matchstick is to a trail of gunpowder." We will explore the "point of no return" in the Indian Contract Act, 1872, and understand the legal consequences of a binding promise.
📖 What You Will Learn:
➡️The Famous Metaphor: Breaking down Sir William Anson’s quote.
➡️The Legal Logic: Why an offer can be revoked, but a contract (Offer + Acceptance) cannot.
➡️Section 2(b): Defining Acceptance under the Indian Contract Act.
➡️Case Laws: Key judicial precedents that define the finality of acceptance.
💡 Key Takeaway:
Just as you cannot stop the explosion once the match hits the gunpowder, you cannot revoke an acceptance once it is communicated as per the law. This creates a Legal Tie that binds both parties.
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
![Биология поведения человека. Лекция #1. Введение [Роберт Сапольски, 2010. Стэнфорд]](https://imager.clipsaver.ru/ik9t96SMtB0/max.jpg)
