Legal Principle: Once the letter for offer and letter for acceptance are posted the contract is complete and the parties are bound and liable.Factual Situation: A makes an offer to B by a letter wherein he mentions that acceptance can be made by B posting a letter to A. A gives the letter to his peon for posting the same but the peon instead of posting it immediately, posts it after 7 days. In the meantime, on not receiving any reply from B, A sells the goods to C. But B as soon as he receives A's letter, gives his acceptance by posting a letter.Issue: What are the legal remedies available to B, if any?Decision:

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Legal Principle: Once the letter for offer and letter for acceptance are posted the contract is complete and the parties are bound and liable.<br>Factual Situation: A makes an offer to B by a letter wherein he mentions that acceptance can be made by B posting a letter to A. A gives the letter to his peon for posting the same but the peon instead of posting it immediately, posts it after 7 days. In the meantime, on not receiving any reply from B, A sells the goods to C. But B as soon as he receives A's letter, gives his acceptance by posting a letter.<br>Issue: What are the legal remedies available to B, if any?<br>Decision:






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