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Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.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 Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.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 Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. Can you explain this answer?.

Solutions for Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. 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 Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: In this section every question is appended with facts and principles, and multiple choice answers. You are required to read the facts carefully, then read the principles, apply the principles to the given facts and make a select one the option which is the most appropriate answer from the given choices.Principle: A contract is concluded when an offer is made by one party and the same offer is accepted by the other party. Any other method will not constitute a contract.Facts: A wrote to B indicating his willingness to sell 100 kgs of iron at Rs 3000 per kg. On the same day B also wrote to A offering to buy 100 kgs of iron at Rs 3000. The two letters crossed each other in post. But later A closes down his factory and stops supplying iron. B brought an action against A for the supply of iron contending that a valid contract had been created an action against A for the supply of iron contending that a valid contract had been created between the two parties. Is there a contract?a)A valid contract has been concluded between A and B as A has made an offer which has been accepted by B.b)There is no contract between A and B.c)There is no contract as there is no offer and acceptance, just two offers made simultaneously containing the same terms and conditions.d)None of the above.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.