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Principle : With the counter proposal made by the party, the original offer ceases to exist.
Facts: Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?
- a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.
- b)The offer stands as it was made by owner of the car i.e. Badal himself.
- c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.
- d)The offer can be renegotiated by the buyer and seller.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Principle :With the counter proposal made by the party, the original o...
In the present case, the offer to buy the car at Rs. 3 lakhs ceases to exit at the moment, a counter offer of Rs. 2.5 lakhs been made by Pranav i.e. buyer of the car. Thus, an original offer is not valid if a counter offer has been made subsequently for the same object.
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Most Upvoted Answer
Principle :With the counter proposal made by the party, the original o...
Explanation:
The principle states that when a counter proposal is made, the original offer ceases to exist. Let's analyze the given facts to understand why option 'C' is the correct answer.
1. Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs.
This is the original offer made by Badal. He is willing to sell his car for Rs. 3 lakhs.
2. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only.
Pranav makes a counter proposal by offering to buy the car at a lower price of Rs. 2.5 lakhs. This counter offer indicates that Pranav is not willing to accept the original offer of Rs. 3 lakhs.
3. Badal refuses to sell at that price.
Badal does not agree to Pranav's counter offer of Rs. 2.5 lakhs. This refusal indicates that Badal does not accept the counter proposal and the original offer of Rs. 3 lakhs still stands.
4. Pranav goes to Badal with Rs. 3 lakhs to buy the car.
Even though Pranav initially made a counter offer of Rs. 2.5 lakhs, he later goes to Badal with the original offer amount of Rs. 3 lakhs to buy the car.
Based on the principle mentioned, the counter offer made by Pranav ceases the original offer. Therefore, the offer of Rs. 3 lakhs is not valid with the counter offer of Rs. 2.5 lakhs being made.
Hence, the correct answer is option 'C' - The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.
The principle states that when a counter proposal is made, the original offer ceases to exist. Let's analyze the given facts to understand why option 'C' is the correct answer.
1. Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs.
This is the original offer made by Badal. He is willing to sell his car for Rs. 3 lakhs.
2. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only.
Pranav makes a counter proposal by offering to buy the car at a lower price of Rs. 2.5 lakhs. This counter offer indicates that Pranav is not willing to accept the original offer of Rs. 3 lakhs.
3. Badal refuses to sell at that price.
Badal does not agree to Pranav's counter offer of Rs. 2.5 lakhs. This refusal indicates that Badal does not accept the counter proposal and the original offer of Rs. 3 lakhs still stands.
4. Pranav goes to Badal with Rs. 3 lakhs to buy the car.
Even though Pranav initially made a counter offer of Rs. 2.5 lakhs, he later goes to Badal with the original offer amount of Rs. 3 lakhs to buy the car.
Based on the principle mentioned, the counter offer made by Pranav ceases the original offer. Therefore, the offer of Rs. 3 lakhs is not valid with the counter offer of Rs. 2.5 lakhs being made.
Hence, the correct answer is option 'C' - The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.
Community Answer
Principle :With the counter proposal made by the party, the original o...
Since, Badal refuse to buy the car at 3 lakhs as offered by Pranav and make a counter offer to buy the car at 2.5 lakhs . so , the original offer cease.
now, badal can not make any claim about earlier offer made by pranav.
option c is correct.
now, badal can not make any claim about earlier offer made by pranav.
option c is correct.
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Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. 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 :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. 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 :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer?.
Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. 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 :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. 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 :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT.
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Here you can find the meaning of Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Principle :With the counter proposal made by the party, the original offer ceases to exist.Facts:Badal offered to sell his car to Pranav at the price of Rs. 3 lakhs. Pranav replies that he is ready to buy the car at Rs. 2.5 lakhs only. Badal refuses to sell at that price. Later, Pranav goes to Badal with Rs. 3 lakhs to buy the car. Is the offer to Rs. 3 lakhs still valid?a)The offer of Rs. 3 lakhs still stands for Pranav to buy the car.b)The offer stands as it was made by owner of the car i.e. Badal himself.c)The offer of Rs. 3 lakhs is not valid with a counter offer of Pranav being made.d)The offer can be renegotiated by the buyer and seller.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.
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