SECTIONS Flashcards
To study the sections of the ICA bareact
1
Q
Section 2
A
Interpretation-clause
2
Q
Section 2 (a)
A
Proposal
3
Q
Section 2 (b)
A
Promise
4
Q
Section 2 (c)
A
Promiser and Promisee
5
Q
Section 2 (d)
A
Consideration for the promise
6
Q
Section 2 (e)
A
Agreement
7
Q
Section 2 (f)
A
Reciprocal promises
8
Q
Section 2 (g)
A
Void – agreement not enforceable by law
9
Q
Section 2 (h)
A
Contract – agreement enforceable by law.
10
Q
Section 2 (i)
A
when a contract becomes Void
11
Q
Section 2 (j)
A
Voidable contracts
12
Q
Section 3
A
.Communication, acceptance and revocation of proposals
13
Q
Section 4
A
Communication when complete
14
Q
Section 5
A
Revocation of proposals and acceptances
14
Q
Section 7
A
Acceptance must be absolute.