CLAT Exam > CLAT Questions > Principle :The notice for auction or sale of ...
Start Learning for Free
Principle : The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.
Facts : Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?
- a)Uday must sell his house to Saif at the advertised price.
- b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.
- c)Saif would be able to get damages from Uday for the breach of contract.
- d)The court could decide the right price for the sale of the house by Uday.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Principle :The notice for auction or sale of goods is only an invitati...
In the instant case, the advertisement for the sale of the house by Uday was not an offer to the contract. It was merely an invitation to sell. The legal position is that the notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract. Thus, no contract as made between Saif and Uday for the sale of the house and consequently, no question of awarding any damages for the breach of the contract arises.
Most Upvoted Answer
Principle :The notice for auction or sale of goods is only an invitati...
Explanation:
The correct answer is option 'B': No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.
Principle:
According to the law of contract, an advertisement or notice for auction or sale of goods is considered as an invitation to offer and not an offer in itself. An invitation to offer is an invitation for the other party to make an offer, and it does not create a binding contract.
Facts:
Uday put up an advertisement in front of his house stating that he is selling the house at the price of Rs. 50 lakhs. Saif saw the advertisement and approached Uday with the money to buy the house. However, Uday refused to sell the house to Saif.
Analysis:
In this case, Uday's advertisement stating the price of the house is considered as an invitation to offer. It is not a binding offer to sell the house at the advertised price. The advertisement is an invitation for interested parties to make an offer to buy the house.
When Saif approached Uday with the money to buy the house, he made an offer to purchase the house at the advertised price. However, Uday refused to accept the offer and sell the house to Saif.
Conclusion:
Since Uday's advertisement was only an invitation to offer, and Saif's offer was not accepted by Uday, no binding contract was formed between them. Therefore, Saif does not have a legal remedy for the breach of contract. Option 'B' is the correct answer.
The correct answer is option 'B': No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.
Principle:
According to the law of contract, an advertisement or notice for auction or sale of goods is considered as an invitation to offer and not an offer in itself. An invitation to offer is an invitation for the other party to make an offer, and it does not create a binding contract.
Facts:
Uday put up an advertisement in front of his house stating that he is selling the house at the price of Rs. 50 lakhs. Saif saw the advertisement and approached Uday with the money to buy the house. However, Uday refused to sell the house to Saif.
Analysis:
In this case, Uday's advertisement stating the price of the house is considered as an invitation to offer. It is not a binding offer to sell the house at the advertised price. The advertisement is an invitation for interested parties to make an offer to buy the house.
When Saif approached Uday with the money to buy the house, he made an offer to purchase the house at the advertised price. However, Uday refused to accept the offer and sell the house to Saif.
Conclusion:
Since Uday's advertisement was only an invitation to offer, and Saif's offer was not accepted by Uday, no binding contract was formed between them. Therefore, Saif does not have a legal remedy for the breach of contract. Option 'B' is the correct answer.
|
Explore Courses for CLAT exam
|
|
Similar CLAT Doubts
Top Courses for CLATView all
Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer?
Question Description
Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer?.
Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT.
Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Principle :The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract.Facts:Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide?a)Uday must sell his house to Saif at the advertised price.b)No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer.c)Saif would be able to get damages from Uday for the breach of contract.d)The court could decide the right price for the sale of the house by Uday.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.
|
|
Explore Courses for CLAT exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup