A telegraphed to B “will you sell me your house? Let me know the lowest price” B replied“Lowest price is Rs.900.” A agreed to buy and asked for title deeds. There is no reply from B.Is B under obligation to sell?

Question

Examsnet · Accepted Answer

Correct Answer is : No, there was no contract because B has communicated only the lowest price

CA CPT 2016 June Question Paper Mercantile Laws for online practice