CA CPT June 2015 Question Paper Mercantile Laws for online practice

Question : 9 of 40

Marks: +1, -0

A is a manufacturer of ball pens. He advertises in the trade press that in future the retail price of hispen will be Rupees 5 and strict action will be taken against who is not observing this price. B had readthe advertisement, but he forget and retails the pen at Rupees 8. Advice A-----

A can take a serious action against B because it was clearly written in the advertisement
A cannot take any action as there is no privity of contract between A and B
A cannot take any action as it is an unintentional mistake
A can take a serious action against B because he read the advertisement before retailing

Validate

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