MEANING OF ACCEPTANCE Acceptance occurs when an individual to whom a proposal is directed indicates their agreement to it. The individual making the offer is considered to have received acceptance once the agreement has been communicated. This agreement can be either explicit or implicit. It is explicit when conveyed in a clear manner, whether through … Read more
NEPALESE CONTRACT LAW COMPREHENSIVE QUESTIONS COMPREHENSIVE ANSWER QUESTIONS – [20 MARKS] 1. [2021 Fall Q. No. 18] Read the case situation given below and answer the questions that follow: [20 Marks]Mr. Dilip, a supplier of rice cooker, contracts with Mr. Sachin to deliver a rice cooker for Rs. 5,000 on January 1, 2020. Mr. Dilip … Read more
NEPALESE CONTRACT LAW BRIEF ANSWER QUESTIONS – [2 MARKS] [2023 Fall Q. No. 2] Who is finder of lost goods? Answer: The individual known as the “finder of lost goods” is one who locates items that have been misplaced by their rightful owner. The legal obligations and entitlements of this individual may differ based on … Read more