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प्रश्न
The principle is to be applied to the given facts and to choose the most appropriate option:
Principle: An offer made by one party when accepted by another makes it a contract.
Transactions:
1. P offered to sell his house for Rs. 20 lakhs to R; R told P that he was interested to buy a house for 15 lakhs only.
2. C was looking for a house for not more than 25 lakhs; P informed C that his house was available for 20 lakhs.
3. K wanted to buy some old furniture; L told K that he would sell his furniture for Rs. 10, 000.
4. R advertised to sell his old car for a price of Rs. Three lakhs; S found the advertisement and offered to buy it for Rs. 2 lakhs 50 thousand; R agrees to sell it to S.
Which among the above is actually a contract?
विकल्प
Situation 3 only is a contract
Situations 1 and 2 are contracts
Situation 4 only is a contract
Situations 2 and 4 are contracts
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उत्तर
Situation 4 only is a contract
Explanation:
One of the essentials of a valid contract makes it mandatory that the offer by one party must be accepted clearly by another party. The acceptance must also be communicated. (Bhagwandas Goverdhandas Kedia vs M/s. Girdharilal Parshottamdas... on 30 August 1965)
In instance 4 (which is the correct answer), there is an offer advertisement by 'R' for selling his old car at Rs 3 lakhs. 'S' offers to buy it for Rs. 2 lakhs 50 thousand. This has been agreed by 'R' to sell it to 'S'. The offer by 'S' has been accepted by 'R'. The contract is valid.
In instance 1, P does not agree to sell his house to R. The contract is invalid. In instance 2, there is only communication between P and C about the availability of the house. There is no offer and acceptance between the two.
In instance 3, there is only communication between K and L about the availability of the furniture. There is no offer and acceptance between the two.
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संबंधित प्रश्न
"No action lies against the Government for injury done to an individual in the course of exercise of its sovereign functions". All of the following actions are covered by the above provision, except
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Assertion (A): All minorities, whether based on religion or language, shall have the right to establish or administer educational institutions of their choice.
Reason (R): Institutions established by the minorities are not entitled to governmental aid and government is not under an obligation to give aid.
