Question

‘A‘ applied for allotment of 100 shares in ‘B‘ company. A letter of allotment addressed to ‘A‘ was posted in due time, but it never reached ‘A‘. The posting of letter of allotment:

• A. completes the contract
• B. does not completes the contract
• C. makes the contract voidable
• D. makes the contract void

Answer 1

Answer: (A)

completes the contract

Answer 2

The Correct Option is (A): completes the contract