AILET 2014 Question Paper with answer key for online practice

Question : 92 of 150

Marks: +1, -0

LEGAL PRINCIPLES : 1. Once a person accepts another’s offer, and signifies such acceptance to the former, a contract comes into existence between them.
2. Uncertain agreements are void agreements. 3. Rejected offers can be accepted only if renewed.
FACTUALSITUATION : Bakshi wanted to purchase a particular land. He sent a letter to his cousin, Dutt, offering him Rs. 4 lakhs for it. Dutt replied that he would not sell it below 5 lakhs. Bakshi communicated his willingness to pay this amount. Dutt did notsell the land to Bakshi. Bakshi sued him for breach of contract.
DECISION :

Dutt is liable because once he communicates an offer to Bakshi and Bakshi accepts it, a contract comes into existence.
Dutt is liable as he has misled Bakshi by his actions.
Dutt is not liable because he has rejected the offer by giving a counter offer which is also not specific.
Dutt is not liable as there is no legally enforceable contract

Validate

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