CA Foundation Exam > CA Foundation Questions > Which of the following is a valid offer?a)Pro...
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Which of the following is a valid offer?
- a)Prospectus issued by company
- b)Advertisement for the job opening
- c)Catalogue in a restaurant
- d)None of these
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following is a valid offer?a)Prospectus issued by company...
Explanation:
An offer is a proposal made by one party to another party, expressing a willingness to enter into a contract on certain specified terms without further negotiation. Let's analyze the options given in the question to determine which one constitutes a valid offer:
a) Prospectus issued by the company: A prospectus is a document that describes the details of a company's business operations, financials, and investment opportunities. It is not an offer as it does not express a willingness to enter into a contract on specific terms.
b) Advertisement for job opening: An advertisement for a job opening is an invitation to treat, not an offer. It is an expression of willingness to receive offers from potential candidates and select the best one based on certain criteria.
c) Catalogue in a restaurant: A catalogue in a restaurant is not an offer as it does not express a willingness to enter into a contract on specific terms. It is merely a list of items available for purchase.
d) None of these: None of the options given in the question constitutes a valid offer.
Conclusion:
In conclusion, an offer must express a willingness to enter into a contract on specific terms without further negotiation. None of the options given in the question meets this criteria, hence the correct answer is option 'D'.
An offer is a proposal made by one party to another party, expressing a willingness to enter into a contract on certain specified terms without further negotiation. Let's analyze the options given in the question to determine which one constitutes a valid offer:
a) Prospectus issued by the company: A prospectus is a document that describes the details of a company's business operations, financials, and investment opportunities. It is not an offer as it does not express a willingness to enter into a contract on specific terms.
b) Advertisement for job opening: An advertisement for a job opening is an invitation to treat, not an offer. It is an expression of willingness to receive offers from potential candidates and select the best one based on certain criteria.
c) Catalogue in a restaurant: A catalogue in a restaurant is not an offer as it does not express a willingness to enter into a contract on specific terms. It is merely a list of items available for purchase.
d) None of these: None of the options given in the question constitutes a valid offer.
Conclusion:
In conclusion, an offer must express a willingness to enter into a contract on specific terms without further negotiation. None of the options given in the question meets this criteria, hence the correct answer is option 'D'.
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Community Answer
Which of the following is a valid offer?a)Prospectus issued by company...
Explanation:
An offer is a proposal made by one party to another party, indicating a willingness to enter into a legally binding agreement. In order for an offer to be valid, it must satisfy the following conditions:
- Intention to create legal relations: The offeror must intend to create a legal relationship with the offeree.
- Definiteness: The terms of the offer must be clear, certain, and definite.
- Communication: The offer must be communicated to the offeree.
Let's examine the options given:
a) Prospectus issued by company:
A prospectus is a document issued by a company that provides details about the company's operations, financial performance, and investment opportunities. It is not an offer as it does not indicate a willingness to enter into a legally binding agreement.
b) Advertisement for the job opening:
An advertisement for a job opening is not an offer as it does not indicate a willingness to enter into a legally binding agreement. It is merely an invitation to apply for the job.
c) Catalogue in a restaurant:
A catalogue in a restaurant is not an offer as it does not indicate a willingness to enter into a legally binding agreement. It is merely a list of items available for purchase.
d) None of these:
Therefore, none of the options given is a valid offer.
In conclusion, for an offer to be valid, it must satisfy the conditions of intention to create legal relations, definiteness, and communication. None of the options given in the question satisfies these conditions.
An offer is a proposal made by one party to another party, indicating a willingness to enter into a legally binding agreement. In order for an offer to be valid, it must satisfy the following conditions:
- Intention to create legal relations: The offeror must intend to create a legal relationship with the offeree.
- Definiteness: The terms of the offer must be clear, certain, and definite.
- Communication: The offer must be communicated to the offeree.
Let's examine the options given:
a) Prospectus issued by company:
A prospectus is a document issued by a company that provides details about the company's operations, financial performance, and investment opportunities. It is not an offer as it does not indicate a willingness to enter into a legally binding agreement.
b) Advertisement for the job opening:
An advertisement for a job opening is not an offer as it does not indicate a willingness to enter into a legally binding agreement. It is merely an invitation to apply for the job.
c) Catalogue in a restaurant:
A catalogue in a restaurant is not an offer as it does not indicate a willingness to enter into a legally binding agreement. It is merely a list of items available for purchase.
d) None of these:
Therefore, none of the options given is a valid offer.
In conclusion, for an offer to be valid, it must satisfy the conditions of intention to create legal relations, definiteness, and communication. None of the options given in the question satisfies these conditions.
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Which of the following is a valid offer?a)Prospectus issued by companyb)Advertisement for the job openingc)Catalogue in a restaurantd)None of theseCorrect answer is option 'D'. Can you explain this answer?
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