Question: Question 4 ( 8 Read the following statements below, identify whether they are true or false, and provide reason ( s ) for your answer.
Question
Read the following statements below, identify whether they are true or false, and provide reasons for your answer.
a Reception theory is based on actual and conscious agreement between the parties This theory states that the contract enters into force when and where the acceptance by the offeree comes to the notice of the offeror. marks
b Information theory states that the contract enters into force when and where the offeree declares or voices their intention to accept the offer, regardless of whether this declaration was shared with the offeror. marks
c In terms of the expedition theory, section of the ECTA stipulates that the expedition theory applies if a contract is entered into by means of a data message. This means that the contract will enter into force when and where the data message in which the offeree accepts the offer is received by the offeror. marks
d Declaration theory is only applying when letters are sent via post, and it states that a contract is concluded when the offeree puts their letter of acceptance in the post
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