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 :

Question

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 :

Examsnet · Accepted Answer

Correct Answer is :  Dutt is not liable because he has rejected the offer by giving a counter offer which is also not specific.

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