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Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid?
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Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 ...
Validity of Mr. L's Offer to Take a House on Lease
- Legal Requirements:
- There are no legal requirements that prohibit Mr. L from making an offer to lease the house.
- Offer and Acceptance:
- Mr. L has made an offer to lease the house for a period of 3 years at Rs. 1 lakh p.a.
- The offer is conditional on the house being put through repairs and the rooms being handsomely decorated.
- It is up to the landlord to accept or reject this offer.
- Consideration:
- The consideration for this lease agreement is Rs. 1 lakh per annum.
- It is unclear whether the landlord has agreed to the conditions set forth by Mr. L in his offer.
- Capacity to Contract:
- Assuming Mr. L is of legal age and sound mind, he has the capacity to enter into a lease agreement.
- It is assumed that the landlord also has the capacity to enter into a lease agreement.
- Conclusion:
- Based on the information provided, it appears that Mr. L's offer to take a house on lease is valid.
- However, it is important to note that the terms of the lease agreement have not been fully disclosed and therefore, it is unclear whether the offer will be accepted by the landlord.
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Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 ...
The offer is valid
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Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid?
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Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid?.
Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. L offered to take a house on lease for a period of 3 yrs at Rs. 1 lakh p.a., if the house was "Put through repairs and rooms were handsomely decorated". Is the offer valid?.
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